EUR/GBP

Growth momentum: The previous 38.4 reading was the benchmark, so the move came from how the new release changed that trend. Survey data gives an early read on activity, orders, prices and hiring before hard macro data arrives. For FX, that feeds rate differentials and the dollar leg.

Growth momentum: Consensus looked for 48.7 versus 48.8 previously, setting up a cooler expected print. Survey data gives an early read on activity, orders, prices and hiring before hard macro data arrives. For FX, that feeds rate differentials and the dollar leg.

Growth momentum: Consensus looked for 49.4 versus 49.3 previously, setting up a hotter expected print. Survey data gives an early read on activity, orders, prices and hiring before hard macro data arrives. For FX, that feeds rate differentials and the dollar leg.

Growth momentum: Consensus looked for 48.9 versus 49.4 previously, setting up a cooler expected print. Survey data gives an early read on activity, orders, prices and hiring before hard macro data arrives. For FX, that feeds rate differentials and the dollar leg.

Growth momentum: Consensus looked for 49.5 versus 50.0 previously, setting up a cooler expected print. Survey data gives an early read on activity, orders, prices and hiring before hard macro data arrives. For FX, that feeds rate differentials and the dollar leg.

Growth momentum: Consensus looked for 46.8 versus 48.6 previously, setting up a cooler expected print. Survey data gives an early read on activity, orders, prices and hiring before hard macro data arrives. For FX, that feeds rate differentials and the dollar leg.