U.K. February Services PMI Rises to 51.3

The video discusses the market's focus on Brexit over PMI data, noting better-than-expected PMI results for February. It highlights the role of Brexit negotiations, particularly the attorney general's efforts in Brussels, in influencing market dynamics. The discussion shifts to the UK's economic health, emphasizing the slowdown due to Brexit uncertainty, weak investment, and a relatively stable consumer base. The overarching theme is the transition from political uncertainty to economic weakness as Brexit approaches.

What was the unexpected outcome of the PMI services data for February?

• It was higher than expected.

• It matched the expected value.

• It was lower than expected.

• It was not released.

What is the role of the attorney general in the Brexit negotiations?

• To oppose Theresa May's deal.

• To finalize the Brexit deal.

• To delay the Brexit process.

• To negotiate terms with the EU.

How has the UK economy been affected as the Brexit date approaches?

• There has been a significant economic boom.

• Investment has increased significantly.

• Consumer confidence has plummeted.

• There has been a general slowdown.

What is one of the big themes in the UK related to Brexit?

• A shift from economic weakness to political uncertainty.

• A shift from political uncertainty to economic weakness.

• An increase in political stability.

• A decrease in economic activity.

What is the current state of the UK consumer according to the discussion?

• The consumer is indifferent to Brexit.

• The consumer is extremely strong.

• The consumer is relatively sound.

• The consumer is very weak.