US ISM Services New Orders (Dec) 57.9 vs. Exp. 52.2 (Prev. 52.9)
The December ISM Services New Orders reading significantly exceeded expectations, coming in at 57.9 compared to the anticipated 52.2.
EIA Expectations: Crude 1.1M, Distillate 2.2M, Gasoline 2.9M
Newsquawk European Market Wrap - 7th January 2026
US ISM Services New Orders (Dec) 57.9 vs. Exp. 52.2 (Prev. 52.9)
Russian Transport Ministry speaking on the US seizure of Russian-flagged "Marinera" tanker, says, all contact has been lost
US EQUITY OPEN: Indices contained ahead of data as geopols dominates the tape
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This strong print not only reinforces the resilience of the services sector but may indicate upward pressure on growth and inflation, potentially influencing Federal Reserve policy in the near term.
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