Germany: Services PMI slides to 52.9 in October

FXstreet.com (Barcelona) - German Services PMI fell to 52.9 points in October, from 53.7 points in September, according to data released today by Markit. The result is above market consensus of 52.3 points.

Flash: GBP outperforming on release of better than expected data - BTMU

Lee Hardman, FX analyst at the Bank of Tokyo Mitsubishi UFJ notes that the pound has outperformed following the release of the stronger than expected UK services PMI report for October.
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