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UK: PMI Manufacturing at 47.9 in February

UK PMI Manufacturing dropped to 47.9 points in February, from 51.0 points in January, according to data released today by Markit. Analysts expected the indicator to remain in expansion territory at 50.5 points.

Forex Flash: Trade reconnection between CAD and MXN - Societe Generale

Sebastien Galy, Senior FX Strategist at Societe Generale notes that teh CAD and MXN sharply disconnected in February, breaking their 75% correlation.
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UK: Mortgage Approvals fall to 54.719K in January

UK Mortgage Approvals decreased to 54.719K in January, from 55.632K registered the previous month, according to the BoE report published today. Analysts expected a rise to 56.500K.
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