Here comes UK manufacturing...

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20150226 steyr manufacturing hr 01 Magna

Growth figures for the UK's manufacturing sector in October are due at 9.30 a.m. GMT (5.30 a.m. ET) on Tuesday morning.

Economists are expecting the IHS Market figure to come in at 54.5, a slowdown from September's figure of 55.4. The PMI reading, given between 0-100, measures activity in the sector - anything above 50 signals growth, while anything below means contraction.

Michael Hewson, the chief market commentator at CMC Markets, says in his morning email on Tuesday: "In September the manufacturing sector in the UK experienced a Lazarus-like rebound at the end of the quarter, jumping to 55.4, having been in contraction at the beginning of the quarter. "

"In October the expectation is slightly more modest but nonetheless we still expect to see a decent number of 54.6."(Note, the 54.5 figure we're citing is an average taken among economists and forecasters.)

Keep refreshing this page to get the numbers as they come in.

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