020 7898 0500Earlier in the day, we saw positive employment figures, with 219,000 workers hired by private businesses in July – much better than the 185,000 the markets had expected. Manufacturing PMI was disappointing, coming in at 58.1 against an expectation of 59.5 – the weakest expansion for three months.
UK economic data will be stealing the headlines today, but we will see initial jobless claims in the US up to 28 July. Employment in the US is in rude health at the moment, so it will be interesting to see if jobless claims can dip to a fresh low again.
