Germany Markit PMI Composite came in at 53.8, below expectations (54.3) in January

Feb 3, 2022

GBP/USD: Negative bias into mid-year amid political noise and more patience BoE – CIBC

The extension of UK political uncertainty, while markets look to be pricing in too much Bank of England (BoE) tightening, point towards a negative GBP

Germany Markit PMI Composite came in at 53.8, below expectations (54.3) in January

GBP/USD: Negative bias into mid-year amid political noise and more patience BoE – CIBC

Germany Markit Services PMI in line with expectations (52.2) in January