US ISM Services Business Activity (Dec) 56.0 vs. Exp. 54 (Prev. 54.5)
The December ISM Services Business Activity index of 56.0 beats expectations of 54 and the previous reading of 54.5, indicating a stronger than anticipated growth in the services sector.
EIA Expectations: Crude 1.1M, Distillate 2.2M, Gasoline 2.9M
Newsquawk European Market Wrap - 7th January 2026
US ISM Services Business Activity (Dec) 56.0 vs. Exp. 54 (Prev. 54.5)
Russian Transport Ministry speaking on the US seizure of Russian-flagged "Marinera" tanker, says, all contact has been lost
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This positive surprise could suggest robust demand and may lead to increased expectations for upcoming economic policy adjustments, particularly regarding interest rates as the growth-inflation dynamics are reassessed.
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