|Day's range||0.00 - 0.00|
|PE ratio (TTM)||-0.19|
|Dividend & yield||N/A (N/A)|
|1y target est||N/A|
Eurozone private sector business activity slowed in July for the second month running but was still running near six-year highs, a closely watched survey showed
Hopes of a recovery in investment by British companies -- a reason why some Bank of England officials think the economy can handle higher interest rates -- are likely to lead to disappointment, a closely watched survey suggested on Wednesday. BoE (Shenzhen: 000725.SZ - news) rate-setter Michael Saunders has said he is "reasonably confident" that lower consumer spending will be offset by higher exports and investment, justifying his vote to raise interest rates from a record low 0.25 percent. Business expectations in the services sector sank in June to their weakest level since last summer's vote to leave the European Union, and they were not far off lows last reached in late 2011.
The UK economy is "losing momentum", according to a closely-watched survey of businesses which found growing uncertainty since Theresa May's election gamble backfired. The Markit/CIPS purchasing managers' index (PMI) for the service sector showed business expectations at their lowest level since the month after the Brexit vote last year. Taking the findings of its earlier readings for manufacturing and construction into account, Markit (NasdaqGS: MRKT - news) said it believed the UK economy will have grown by 0.4% in the second quarter of the year.