Forum > View Topic (Media)
by Ashraf Laidi
Posted: Jun 6, 2013 22:06
Comments: 0
View Media
This thread was started in response to the Media:

أشرف العايدي على قناة العربية -- 06 يونيو 2013

Sterling's rare superiority in the "fundamentals is seen in the charts of the global PMIs for manufacturing and services. For the first time in over 5 years, UK PMIs in both services and manufacturing have surpassed those of the US, China, Eurozone and Germany. With the Bank of England going as long as 12 months without increasing monthly asset purchases, such relative policy positioning is becoming increasingly positive for the currency. And with UK data hovering from neutral to positive, the case for additional asset purchases is weakened.