US Chicago PMI (Feb) 57.7 vs. Exp. 52.8 (Prev. 54.0)

Newsquawk Staff · 27 Feb 2026, 15:05 UTC

What it means

The Chicago PMI for February came in significantly higher than expectations, suggesting stronger manufacturing activity than anticipated. This positive surprise may indicate an increase in economic momentum, which could have implications for inflation pressures and the Federal Reserve's policy outlook moving forward.

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US Market Open, 28 Oct, 10:34 UTC · what it led with

NQ futures outperform following SK Hynix's upbeat earnings.
DXY flat; NZD hit after the RBNZ unexpectedly held rates steady.

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