US ISM Services PMI (Dec) 54.4 vs. Exp. 52.3 (Prev. 52.6)
The US ISM Services PMI for December came in at 54.4, significantly above the expected 52.3 and also higher than the previous month's 52.6.
EIA Expectations: Crude 1.1M, Distillate 2.2M, Gasoline 2.9M
Newsquawk European Market Wrap - 7th January 2026
US ISM Services PMI (Dec) 54.4 vs. Exp. 52.3 (Prev. 52.6)
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 stronger-than-expected reading suggests robust activity in the services sector, which could influence the growth outlook positively and potentially shape future monetary policy discussions.
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