France Markit Services PMI came in at 49.8, above expectations (48.3) in December

FXStreet.com (Barcelona)

Dec 16, 2014

France Markit Manufacturing PMI registered at 47.9, below expectations (48.6) in December

Inflation risks are to the downside in the near term for UK – ING

James Knightley of ING notes that there exists downside inflation risks for UK in the near term, but 2H15 should see inflation move higher due to economic strength, weak sterling and a turn in commodity prices.