Gold Prices Fall Amid Rate Jitters; Copper Steady as China Stimulus Eyed 
UK manufacturing PMI, the first out of three PMIs released by Markit showed earlier on Wednesday that UK manufacturing failed to rev up in February. UK Markit manufacturing PMI fell to 54.6 in February, down from 55.9 in January, missing forecasts for a reading of 55.6 in a Reuters poll.
Although rates of expansion in output and new business lost impetus in February, growth remained comfortably above the long-run historic average of 51.6. Despite the slowdown, UK factory sector looks set to help the economy keep up its strong, post-Brexit vote momentum in early 2017.
"The survey is signalling quarterly manufacturing output growth close to the 1.5% mark so far in the opening quarter which, if achieved, would be one of the best performances over the past seven years." said Rob Dobson, Senior Economist at IHS Markit.
The manufacturing sector accounts for only around 10 percent of UK economic activity, the growth outlook will be primarily driven by the dominant services sector. Markets now wait construction PMI due to be released tomorrow, and the more important services PMI due for release on Friday.
