We Just Got A Ridiculously Strong Report On The UK Service Sector, And The Pound Is Exploding
Nov 5, 2013, 15:09 IST
WOW.
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We just got the PMI report for the UK services sector, and it showed that the industry is growing at a ridiculously fast pace.
The headline jumped from 60.3 to 62.5. That surpassed expectations of a slight dip.
This is the best number since 1997.
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Meanwhile, new business activity is at 17-year high.
Meanwhile, this is great news for jobs.
Meanwhile, via FinViz, the pound is surging.
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