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UK Preliminary Manufacturing PMI drops to 48.0, beats estimates - Cable remains capped below 1.1700

  • UK Manufacturing PMI drops to 48.0 in March.
  • Services PMI in the UK falls to 35.7 in March.

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United Kingdom Markit Services PMI came in at 35.7, below expectations (45) in March

United Kingdom Markit Services PMI came in at 35.7, below expectations (45) in March
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USD/CNH still targets the 7.1700 level – UOB

FX Strategists at UOB Group noted USD/CNH could advance to 7/1960 on a break above 7.1700 in the near term. Key Quotes 24-hour view: “USD traded betwe
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