U.K. PMI falls to 49 in August from 49.4 previously. While the figure is a 26 month low, it beat...

|By:, SA News Editor

U.K. PMI falls to 49 in August from 49.4 previously. While the figure is a 26 month low, it beat forecasts for 48.5. After a brief pop on the news, cable returns -0.3% at $1.6211. (PR)