Market comment - Irish Construction PMI falls to 54.6 in January

Davy Research
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Equity markets were subdued on Friday (February 8th) on US/China trade tensions, with the clock now ticking down to the March 1st deadline. Ireland’s Construction PMI was 54.6 in January, still consistent with solid growth. The key release today is UK GDP for Q4 2018, expected to show slower growth, 0.3%, on weaker consumer spending and business investment.