US ISM Services New Orders (Apr) 53.5 (Prev. 60.6)
The ISM Services New Orders index for April has dropped significantly from the previous level, indicating a cooling in demand within the services sector.
Suzano and Kimberly-Clark (KMB) are set to secure unconditional EU antitrust approval for a USD 3.4bln JV, according to sources
US RCM/TIPP Economic Optimism Index (May) 42.6 vs. Exp. 42 (Prev. 42.8)
US ISM Services New Orders (Apr) 53.5 (Prev. 60.6)
US EQUITY OPEN: Indices extend higher as Tech names gain with US data due imminently
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This decline may suggest a shift in economic momentum, which could have implications for growth forecasts and monetary policy considerations, particularly regarding interest rates. Traders should monitor how this affects broader market sentiment and related asset classes.
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