21.05.2026 – Services & Manufacturing PMI for May:
- Manufacturing PMI: 55.3 (Expected: 54.0; Previous: 54.5)
- Services PMI: 51.0 (Expected: 50.9; Previous: 51.0)
The Manufacturing PMI came in above expectations, indicating improved sentiment among managers in the sector. However, Services recorded an unexpected—though slight—decline.
This may be part of a broader trend in which manufacturing benefits from structural investment flows from tech companies and the US government, while services continue to struggle amid weakening consumer sentiment.
The market showed a negligible reaction to the data release.
EURUSD (M1)
Source: xStation5
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