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A further increase in UK Services PMI - BNP Paribas

FXStreet (Łódź) - Catherine Stephan, economist at BNP Paribas, comments on the UK PMI Services data which increased in August against forecasts.

Key quotes

"In August, the CIPS/Markit activity index in service-producing industries further increased (to 60.5, after 59.1 in July)."

"Sustained growth in services and in construction sectors should offset the slowdown in activity growth in the manufacturing sector."

AUDUSD potential upside undermined? – ANZ

Analyst Daniel Been at ANZ sees the AUD could gain further upside, although the hiking cycle in the US economy threatens to cap the up move....
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Odds of more ECB easing increase - Ilian Yotov

Ilian Yotov, Portfolio Manager at ATFX Currency Management believes that there is more possibility of the ECB announcing monetary policy easing at the meeting on Thursday due to the further decline in Eurozone CPI and the area's growth grinding to a halt in Q2.
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