United Kingdom Markit Services PMI registered at 55.6, below expectations (57.6) in August

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Sep 3, 2015

Riksbank remains unchanged

In line with market expectations, the Nordic central bank has left unchanged its monetary policy stance at today’s meeting, with the benchmark rate at -0.35% and the monthly pace of bond purchases intact until end of the year...

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Sep 3, 2015

EUR/GBP jumps to 0.7375 on awful UK services PMI

The British pound was smashed by the shared currency in the European morning, driving EUR/GBP to fresh session highs in the upper band of 0.73 handle, following the release of dire UK services sector activity report which slumped to 27-month low.

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