US ISM Manufacturing Prices (Jan) 59.0 vs. Exp. 60.5 (Prev. 58.5)

Newsquawk Staff · 2 Feb 2026, 15:20 UTC

What it means

The US ISM Manufacturing Prices index came in lower than expected for January, indicating inflationary pressures may not be as strong as previously thought. This miss could suggest a more dovish stance from the Fed regarding rate hikes, as easing price pressures might allow for a more accommodative policy approach going forward. Watch for potential volatility in related markets as this impacts inflation expectations and broader growth concerns.

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.

Read the whole note Free to read.

Newsquawk Daily

Get the next one free, by email.

What moved overnight, where stocks, bonds, currencies and oil stand, and what’s due today. Written by our analysts.

Both market-open notes, EU and US, every weekday. No account needed. Unsubscribe any time.

If you trade

This headline was on the Newsquawk live feed at 15:00 UTC.

Use the Platform opens our news terminal in your browser, with the live headline feed. It’s news, not a broker.

Use the Platform

Free. No signup, no card.

Case studies

Headlines that moved markets

Headlines from our feed, and what the market did next.

Australian Employment Change (Jul) -15.8K vs. Exp. 15K (Prev. 76.3K)
AUD/USD−0.3%
"We are interested in the diplomatic track, but without making concessions", Al Arabiya citing an Iranian diplomatic source.
WTI crude+0.8%
"Washington has approved the draft memorandum of understanding that the Qatari delegation presented to Iran yesterday", Al-Araby Al-Jadeed reports citing sources close to the mediation team.
WTI crude−3.6%

See all 221

More on this story

Make Newsquawk a preferred source on GoogleSelect this to see Newsquawk more often in Top Stories when you search Google.

What it means

More on this story

Related headlines