US Dallas Fed Services Revenues Index (Jan) 7.8 (Prev. 0.0, Rev. From 0.1)

Newsquawk Staff · 27 Jan 2026, 15:50 UTC

What it means

The jump in the Dallas Fed Services Revenues Index to 7.8 from a prior reading of 0.0 signals a significant improvement in service sector activity. This positive shift suggests stronger demand, which could influence growth expectations and possibly lead to adjustments in monetary policy considerations.

What our latest note said

US Market Open, 6 Nov, 10:48 UTC · what it led with

APAC stocks were pressured; KOSPI slumped 6% following hefty losses in Samsung and SK Hynix.
USD is firmer against all G10 peers awaiting the US NFP report.

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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%
Norges Bank maintains its rate at 4.25% as expected; may still become necessary to raise the policy rate
EUR/NOK+0.6%
"We are interested in the diplomatic track, but without making concessions", Al Arabiya citing an Iranian diplomatic source.
WTI crude+0.8%

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