US ISM Services PMI (Jan) 53.8 vs. Exp. 53.5 (Prev. 53.8, Rev. From 54.4, Low. 52.8, High. 55.2)
The ISM Services PMI for January came in at 53.8, slightly beating expectations of 53.5 while matching the previous month's reading.
CBRT says service inflation was driven by labour cost
Polish Central Bank reiterates that future decisions will depend on incoming data, remains willing to intervene in FX if needed
US ISM Services PMI (Jan) 53.8 vs. Exp. 53.5 (Prev. 53.8, Rev. From 54.4, Low. 52.8, High. 55.2)
First day of talks between Ukraine and Russia have reportedly ended, and will continue on Thursday; Ukrainian Official suggests talks were productive
US EQUITY OPEN: Indices mixed but NDX leads losses amid AMD weakness ahead of GOOGL/QCOM earnings
Open the platform and use it. The whole workspace is free to try, with no signup and no card. When you want the headlines arriving live instead of on a delay, Newsquawk Pro is £24.99 for 7 days.
This suggests stability in the services sector, but the downward revision from the prior number indicates some weakness in the trend. Overall, while the beat may provide a marginal boost to sentiment, it does not suggest a strong acceleration that would influence monetary policy significantly.
Related headlines
- [MARKET ANALYSIS] Yields slip off best levels as energy benchmarks edge lower; JGBs in focus following a GPIF meeting and BoJ sources4 hours ago
- UK S&P Global Composite PMI Final (Aug) 52.5 vs. Exp. 52.5 (Prev. 52.2)4 hours ago
- UK S&P Global Services PMI Final (Aug) 52.5 vs. Exp. 52.8 (Prev. 52.1)4 hours ago
- European S&P Global Services PMI Final (Aug) 51.6 vs. Exp. 51.7 (Prev. 51.7)4 hours ago
- European S&P Global Composite PMI Final (Aug) 52.0 vs. Exp. 52.1 (Prev. 52.0)4 hours ago
- German S&P Global Services PMI Final (Aug) 49.7 vs. Exp. 48.5 (Prev. 49.8)4 hours ago
- German S&P Global Composite PMI Final (Aug) 51.8 vs. Exp. 51.0 (Prev. 51.3)4 hours ago
- French S&P Global Services PMI Final (Aug) 48.0 vs. Exp. 48.4 (Prev. 49.6)4 hours ago
- French S&P Global Composite PMI Final (Aug) 48.5 vs. Exp. 48.8 (Prev. 49.4)4 hours ago
- Italian S&P Global Services PMI (Aug) 55.2 vs. Exp. 53.6 (Prev. 52.5)5 hours ago
- Italian S&P Global Composite PMI (Aug) 53.6 (Prev. 52.5)5 hours ago
- Spanish S&P Global Composite PMI (Aug) 55.8 (Prev. 56.5)5 hours ago
- Spanish S&P Global Services PMI (Aug) 57.8 vs. Exp. 59 (Prev. 58.3)5 hours ago
- South African S&P Global PMI (Aug) 50.5 (Prev. 50.3)5 hours ago
- Swedish Services PMI (Aug) 55.8 (Prev. 54.2)6 hours ago
- Indian HSBC Services PMI Final (Aug) 54.1 vs. Exp. 54.5 (Prev. 53.3)7 hours ago
- Indian HSBC Composite PMI Final (Aug) 54.30 vs. Exp. 54.6 (Prev. 54.30)7 hours ago
- [MARKET ANALYSIS] Asia-Pac stocks took impetus from the rebound on Wall St as yields eased9 hours ago
- Chinese RatingDog Composite PMI (Aug) 52.1 (Prev. 50.8)11 hours ago
- Chinese RatingDog Services PMI (Aug) 51.4 vs. Exp. 50.6 (Prev. 50.4)11 hours ago
The whole workspace, free to try.
Try it free