{"id":353994,"date":"2024-09-23T14:12:32","date_gmt":"2024-09-23T08:42:32","guid":{"rendered":"https:\/\/dripp.zone\/news\/?p=353994"},"modified":"2024-09-23T14:12:32","modified_gmt":"2024-09-23T08:42:32","slug":"uk-preliminary-services-pmi-dips-to-52-8-in-september-vs-53-5-expected-crypto-news","status":"publish","type":"post","link":"https:\/\/dripp.zone\/news\/uk-preliminary-services-pmi-dips-to-52-8-in-september-vs-53-5-expected-crypto-news\/","title":{"rendered":"UK Preliminary Services PMI dips to 52.8 in September vs. 53.5 expected &#8211; Crypto News"},"content":{"rendered":"<p><\/p>\n<div id=\"fxs_article_content\">\n<ul>\n<li><strong>UK Services PMI ticks down to 52.8 in September, beats estimates.<\/strong><\/li>\n<li><strong>Manufacturing PMI in the UK declines to 51.5 in September.<\/strong><\/li>\n<li><strong>GBP\/USD sticks to losses near 1.3250 after downbeat UK business PMIs.<\/strong><\/li>\n<\/ul>\n<p>The seasonally adjusted S&amp;P Global\/CIPS UK Manufacturing Purchasing Managers\u2019 Index (PMI) eased from 52.5 in August to 51.5 in September. The market forecast was for a 52.3 reading.<\/p>\n<p>Meanwhile, the Preliminary UK Services Business Activity Index dipped to 52.8 in September, after registering 53.7 in August while coming in below the market consensus of 53.5.<\/p>\n<p>Commenting on the flash\u00a0<a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.fxstreet.com\/news\/us-sp-global-pmis-preview-manufacturing-survey-expected-to-stay-below-50-in-august-202308230737\"><strong>PMI<\/strong><\/a>\u00a0data, Chris Williamson, Chief Business Economist at S&amp;P Global Market Intelligence said: \u201cA slight cooling of output growth across manufacturing and services in September should not be seen as too concerning, as the survey data are still consistent with the economy growing at a rate approaching 0.3% in the third quarter, which is in line with the Bank of England\u2019s forecast.\u201d<\/p>\n<h2 class=\"fxs_headline_medium\">FX implications<\/h2>\n<p><a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.fxstreet.com\/currencies\/gbpusd\"><strong>GBP\/USD<\/strong><\/a>\u00a0maintained the offered tone near 1.3250 after the dismal UK PMI data. The pair is trading 0.45% lower on the day, as of writing.<\/p>\n<div class=\"module_currencyprices_cke post-module\">\n<div class=\"fxs-major-currency-prices-wrapper\" data-config-asset=\"GBP\" data-config-criteria=\"Weakest\" data-config-currencies=\"USD,EUR,GBP,JPY,CAD,AUD,NZD,CHF\" data-config-period=\"Today\" data-config-quotes=\"1.11638:1.10929,1.33233:1.32623,1.19279:1.1955,0.006947:0.006966,0.006223:0.006278,0.005221:0.005252,0.737333:0.73659,0.660545:0.663985,0.55378:0.555415,106.139:105.75,0.68065:0.68046,0.609345:0.613425,0.510855:0.513115,97.896:97.69,0.9236:0.92377,0.62338:0.623085,0.558465:0.561685,0.4682:0.469815,89.745:89.452,0.845453:0.846055,0.916659:0.91565,1.176627:1.174829,1.053853:1.058929,0.88352:0.885875,169.181:168.671,1.59543:1.595005,1.72949:1.725924,1.887027:1.88554\" data-config-topic=\"GBP\" data-content-module-translate=\"0\" data-module=\"currencyprices\" data-type=\"currencyprices\" data-version=\"v1\" id=\"content-module-currencyprices-GBP-983\">\n<h2 class=\"fxs-major-currency-prices-title\">British Pound PRICE Today<\/h2>\n<p class=\"fxs-major-currency-prices-content\">The table below shows the percentage change of British Pound (GBP) against listed major currencies today. British Pound was the weakest against the Japanese Yen.<\/p>\n<table border=\"1\" class=\"fxs-major-currency-prices-currency-prices-table\">\n<thead>\n<tr>\n<th>\u00a0<\/th>\n<th>USD<\/th>\n<th>EUR<\/th>\n<th>GBP<\/th>\n<th>JPY<\/th>\n<th>CAD<\/th>\n<th>AUD<\/th>\n<th>NZD<\/th>\n<th>CHF<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr class=\"fxs-major-currency-prices-currency-price\">\n<th>USD<\/th>\n<td>\u00a0<\/td>\n<td class=\"light-green\">0.64%<\/td>\n<td class=\"light-green\">0.46%<\/td>\n<td class=\"light-red\">-0.27%<\/td>\n<td class=\"light-green\">0.10%<\/td>\n<td class=\"light-green\">0.03%<\/td>\n<td class=\"light-green\">0.05%<\/td>\n<td class=\"light-green\">0.15%<\/td>\n<\/tr>\n<tr class=\"fxs-major-currency-prices-currency-price\">\n<th>EUR<\/th>\n<td class=\"light-red\">-0.64%<\/td>\n<td>\u00a0<\/td>\n<td class=\"light-red\">-0.23%<\/td>\n<td class=\"strong-red\">-0.88%<\/td>\n<td class=\"light-red\">-0.52%<\/td>\n<td class=\"light-red\">-0.67%<\/td>\n<td class=\"light-red\">-0.57%<\/td>\n<td class=\"light-red\">-0.48%<\/td>\n<\/tr>\n<tr class=\"fxs-major-currency-prices-currency-price\">\n<th>GBP<\/th>\n<td class=\"light-red\">-0.46%<\/td>\n<td class=\"light-green\">0.23%<\/td>\n<td>\u00a0<\/td>\n<td class=\"light-red\">-0.59%<\/td>\n<td class=\"light-red\">-0.29%<\/td>\n<td class=\"light-red\">-0.44%<\/td>\n<td class=\"light-red\">-0.34%<\/td>\n<td class=\"light-red\">-0.27%<\/td>\n<\/tr>\n<tr class=\"fxs-major-currency-prices-currency-price\">\n<th>JPY<\/th>\n<td class=\"light-green\">0.27%<\/td>\n<td class=\"dark-green\">0.88%<\/td>\n<td class=\"light-green\">0.59%<\/td>\n<td>\u00a0<\/td>\n<td class=\"light-green\">0.37%<\/td>\n<td class=\"light-green\">0.21%<\/td>\n<td class=\"light-green\">0.33%<\/td>\n<td class=\"light-green\">0.30%<\/td>\n<\/tr>\n<tr class=\"fxs-major-currency-prices-currency-price\">\n<th>CAD<\/th>\n<td class=\"light-red\">-0.10%<\/td>\n<td class=\"light-green\">0.52%<\/td>\n<td class=\"light-green\">0.29%<\/td>\n<td class=\"light-red\">-0.37%<\/td>\n<td>\u00a0<\/td>\n<td class=\"light-red\">-0.02%<\/td>\n<td class=\"light-red\">-0.07%<\/td>\n<td class=\"light-green\">0.03%<\/td>\n<\/tr>\n<tr class=\"fxs-major-currency-prices-currency-price\">\n<th>AUD<\/th>\n<td class=\"light-red\">-0.03%<\/td>\n<td class=\"light-green\">0.67%<\/td>\n<td class=\"light-green\">0.44%<\/td>\n<td class=\"light-red\">-0.21%<\/td>\n<td class=\"light-green\">0.02%<\/td>\n<td>\u00a0<\/td>\n<td class=\"light-green\">0.11%<\/td>\n<td class=\"light-green\">0.21%<\/td>\n<\/tr>\n<tr class=\"fxs-major-currency-prices-currency-price\">\n<th>NZD<\/th>\n<td class=\"light-red\">-0.05%<\/td>\n<td class=\"light-green\">0.57%<\/td>\n<td class=\"light-green\">0.34%<\/td>\n<td class=\"light-red\">-0.33%<\/td>\n<td class=\"light-green\">0.07%<\/td>\n<td class=\"light-red\">-0.11%<\/td>\n<td>\u00a0<\/td>\n<td class=\"light-green\">0.08%<\/td>\n<\/tr>\n<tr class=\"fxs-major-currency-prices-currency-price\">\n<th>CHF<\/th>\n<td class=\"light-red\">-0.15%<\/td>\n<td class=\"light-green\">0.48%<\/td>\n<td class=\"light-green\">0.27%<\/td>\n<td class=\"light-red\">-0.30%<\/td>\n<td class=\"light-red\">-0.03%<\/td>\n<td class=\"light-red\">-0.21%<\/td>\n<td class=\"light-red\">-0.08%<\/td>\n<td>\u00a0<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p class=\"fxs-major-currency-prices-currency-prices-legend\">The heat map shows percentage changes of major currencies against each other. The base currency is picked from the left column, while the quote currency is picked from the top row. For example, if you pick the British Pound from the left column and move along the horizontal line to the US Dollar, the percentage change displayed in the box will represent GBP (base)\/USD (quote).<\/p>\n<\/div>\n<\/div>\n<p>\u00a0<\/p>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>UK Services PMI ticks down to 52.8 in September, beats estimates. Manufacturing PMI in the UK declines to 51.5 in September. GBP\/USD sticks to losses near 1.3250 after downbeat UK business PMIs. The seasonally adjusted S&amp;P Global\/CIPS UK Manufacturing Purchasing Managers\u2019 Index (PMI) eased from 52.5 in August to 51.5 in September. The market forecast [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":22525,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[173],"tags":[201,248,251,246,257,843,641,255,250,1064,252,1063,247,253,249,784,256,254],"class_list":["post-353994","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-others","tag-blockchain","tag-bsc","tag-chainlink","tag-coin","tag-cryptocurrency","tag-economicindicator","tag-gbpusd","tag-gta","tag-looks-rare","tag-manufacturing","tag-oracle","tag-pmi","tag-polygon","tag-quickswap","tag-safe-moon","tag-unitedkingdom","tag-wallet","tag-wordpress"],"_links":{"self":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/353994","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/comments?post=353994"}],"version-history":[{"count":3,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/353994\/revisions"}],"predecessor-version":[{"id":353999,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/353994\/revisions\/353999"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media\/22525"}],"wp:attachment":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media?parent=353994"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/categories?post=353994"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/tags?post=353994"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}