UK: Looking for a slight improvement in manufacturing PMI - TDS

Research Team at TDS, is balanced with the market looking for a slight improvement in August’s manufacturing PMI to 49.0 for UK.

Key Quotes

“With peak-pessimism having faded a bit over the summer months (for now, anyways) and with Brexit politics having taken most of August off, many firms in the UK will have got back to business in August. We still think that uncertainty is a big factor weighing on investment decisions, but perhaps not quite as much as in July.”