- U.K. construction PMI climbed to 59.4 in October from 58.9 in September, marking the sharpest rise in output for just over six years.
- Residential construction remained the strongest performing area, says Markit, although civil engineering and commercial activity also enjoyed robust growth, while job creation accelerated at the fastest pace in six years.
- "The latest construction PMI survey signals that job hiring and input buying are now rising in tandem with greater new business inflows," says Markit's Tim Moore.
- The FTSE 100 is +0.4%, while the pound is flat at $1.5958. (PR)
- ETFs - Stocks: FKU, EWU, EWUS, DXPS. Currency: GBB, FXB.