US Dallas Fed Services Revenues Index (Feb) 4.1 (Prev. 7.8)

Newsquawk Staff · 24 Feb 2026, 15:50 UTC

What it means

The US Dallas Fed Services Revenues Index printed at 4.1 for February, a notable decline from the previous reading of 7.8. This significant drop may suggest a weakening in service sector activity, which could raise concerns about overall economic momentum and potentially influence Federal Reserve policy considerations going 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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Riksbank maintains its rate at 1.75% as expected; assesses that the probability of a rate increase later this year remains; there is considerable uncertainty and developments call for vigilance
EUR/SEK+0.3%
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EUR/NOK+0.6%
US President Trump expected to remove some tariffs on Canada in a bid to help Senator Susan Collins, WSJ reports.
USD/CAD−0.2%

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