February 9, 2009

Case-study: U.K. PMI (Service)

On Feb.4, the PMI report showed that the service industry continued to contract in January. The figure came better than average estimates.

U.K. Nationwide Consumer Confidence also dropped to record low. I made a small profit from selling gbpjpy before the report and I decided to close it soon after announcement of a new stimulus package from Australia.


No comments:

Post a Comment