UK Markit/CIPS UK Services PMI disappoints at 55.8 vs (Previous 58.6). The pace of growth stuttered in the service sector in December. The data adds to the confusion over the health of the economy, and adds weight to the view of that a rate rise in 2015 is diminishing.
In the FX market Sterling traded lower following the release of the PMI data, trading to a new session low of 1.5187. (Session high 1.52735)
Full data release