The seasonally adjusted IHS Markit/CIPS UK Manufacturing Purchasing Managers’ Index (PMI) worsened to 57.6 in December versus 57.6 expected and 58.1 – November’s final reading. The Preliminary UK Services Business Activity Index for December slumped, arriving at 53.2 versus November’s final readout 58.5 and 57.0 expected.
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Gold Prices Decline Amid Risk-On Sentiment: A Short-Term Retreat and Medium-Term Outlook
Gold prices faced a sharp drop today, retreating from a three-week high, as a risk-on …