Data now out
– 50.6 prev
– services 52.3 vs 51.7 exp vs 51.9 prev
– composite 52.3 vs 51.6 exp vs 51.9 prev
4-month highs for output. Markit has more
here
Euro not very impressed as early USD buying sees EURUSD dip to 1.1108 but EURGBP a tad higher at 0.7219 and EURJPY t 134.25