02:45 PM BST, United States - PMI Data for December:
- S&P Global Manufacturing PMI: actual 51.8; forecast 51.8; previous 52.2;
US manufacturing conditions continued to improve in December, but at a slower pace, as the S&P Global Manufacturing PMI eased to 51.8 from 52.2 — the weakest expansion in the current five-month growth streak. Output growth softened amid the first decline in new orders in a year and another drop in export sales, with firms citing tariffs as a key drag on demand and a major source of cost pressures. Although input and output prices remained historically elevated, both rose at their slowest pace in 11 months, while companies continued to build finished-goods inventories and reported falling backlogs. Employment strengthened, with firms hiring in anticipation of a better 2026, but survey commentary warned that production levels may prove unsustainable.
BREAKING: EURUSD muted; US services growth cools in December as demand softens đź“Ś
Barkin and Miran remain on opposite sides of the Fed policy path🎙️
BREAKING: German inflation comes in significantly below expectations, EURUSD slips 📉
Chart of the Day: OIL.WTI; Trump counts on investment from US oil giants 🖋️
The material on this page does not constitute as financial advice and does not take into account your level of understanding, investment objectives, financial situation or any other particular needs.
All the information provided, including opinions, market research, mathematical results and technical analyses published on the website or transmitted to you by other means is provided for information purposes only and should in no event be interpreted as an offer of, or solicitation for, a transaction in any financial instrument, nor should the information provided be construed as advice of legal or fiscal nature.
Any investment decisions you make shall be based exclusively on your level of understanding, investment objectives, financial situation or any other particular needs. Any decision to act on information published on the website or transmitted to you by other means is entirely at your own risk. You are solely responsible for such decisions.
If you are in doubt or are not sure that you understand a particular product, instrument, service, or transaction, you should seek professional or legal advice before trading.
Investing in OTC Derivatives carries a high degree of risk, as they are leveraged based products and often small movements in the market could lead to much larger movements in the value of your investment and this could work against you or for you. Please ensure that you fully understand the risks involved, taking into account your investments objectives and level of experience, before trading, and if necessary, seek independent advice.
