UK PMI at 09:30 recorded a miss of 0.9  with 51.9 reported on expected 52.8: Notwithstanding the downward deviation, the index remains comfortably above the 50.0 demarcation line. Above 50 does indicate expansion though the pace of output growth has demonstrably cooled. Oil slid below the 50MA as the US capitulated on escalation with more talks promised and the likelihood … Read More