The U.K. PMI for April falls to 54.6 from 56.7 in March, the lowest reading since September....

|By:, SA News Editor

The U.K. PMI for April falls to 54.6 from 56.7 in March, the lowest reading since September. "The outlook has deteriorated sharply, with new-orders growth having collapsed," says an economist with Markit. The pound -1%, and short sterling futures begin pricing away odds of rate hikes.