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U.K. manufacturing shakes off Brexit again

Jan. 03, 2017 6:04 AM ETEWU, FKU, DXPS, DBUK, QGBR, HEWUBy: Yoel Minkoff, SA News Editor2 Comments
  • The Brexit bashing continues after British manufacturing growth soared to a two-and-a-half-year high last month, fueled by new orders from both home and abroad.
  • Markit's U.K. Manufacturing PMI rose to 56.1, from 53.6 in November, faring much better than many economists predicted in the aftermath of the vote to leave the EU.
  • The FTSE 100 hit a new record high on the news, rising 0.4% to 7170.65.
  • ETFs: EWU, FKU, DXPS, DBUK, QGBR, HEWU

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