Corporate

02 Jun 2015
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Britain’s construction sector shows signs of recovery

The just released PMI data showed that Britain’s construction activity bounced back in May. Separately, data showed that consumer borrowing in the UK rose less than expected, while the number of mortgage applications climbed higher than market estimates for April. In Europe, investors look forward to the region’s consumer price inflation reading scheduled shortly. Meanwhile, traders will continue to monitor Greece’s progress to reach a deal with its creditors. Across the Atlantic, all eyes are pinned on factory orders which are due later today.
02 Jun 2015
Share

Britain’s construction sector shows signs of recovery

The just released PMI data showed that Britain’s construction activity bounced back in May. Separately, data showed that consumer borrowing in the UK rose less than expected, while the number of mortgage applications climbed higher than market estimates for April. In Europe, investors look forward to the region’s consumer price inflation reading scheduled shortly. Meanwhile, traders will continue to monitor Greece’s progress to reach a deal with its creditors. Across the Atlantic, all eyes are pinned on factory orders which are due later today.