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Sep 9 2019, 07:30 IST/BST
The key macroeconomic data point today is the monthly estimate of UK GDP for July. Given construction (45.3) and manufacturing (48.0) PMIs were well below the 50-no change level in July, there is a clear risk services will fail to compensate for output declines in these sectors. Should UK GDP decline again in July, investors will see a ‘technical recession’ through the summer months.
Sep 9 2019, 07:30 IST/BST