JCRA Bulletins
JCRA provides a bulletin email service to keep you up to date with the latest economic news and key trends. We send daily updates and weekly bulletins impacting both interest rates and FX movements, and weekly Energy bulletins. A current example bulletin, the Weekly Bulletin, is displayed on the right of this screen.
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Latest Weekly Bulletin - week commencing
Last week saw UK rates firm slightly in the face of that rarest of things – a run of encouraging economic statistics. On the domestic front the GFK consumer confidence index improved from -33 to -29, which was a considerable improvement on the median forecast. However, it was the PMI surveys that really surprised the markets with the manufacturing index rising into positive territory for the first time since June last year with a reading of 52.1. The much more important service sector index also rose with a reading of 56.0, this is its highest level since March last year and was in contrast to the reduction to the 53.3 level that had been the median forecast.