US Manufacturing PMI (flash) increased to 59.1 in January from 57.1 in December, above analysts’ expectations of 56.5. The reading pointed to the continuing expansion in factory activity since February. The reading pointed to a record expansion in factory activity, preliminary estimates showed. Both production and new exports orders where the highest since 2014 and job creation was the strongest in 2 years.
US Services PMI (flash) rose to 57.5 in January from 54.8 in the previous month, above market consensus of 53.6. The latest reading pointed to the fourth consecutive expansion in the services sector.
EURUSD saw a relatively small reaction to today’s data releases. The most popular currency pair continued to trade around the 1.2160 level. Source: xStation5
This content has been created by X-Trade Brokers Dom Maklerski S.A. This service is provided by X-Trade Brokers Dom Maklerski S.A. (X-Trade Brokers Brokerage House joint-stock company), with its registered office in Warsaw, at Ogrodowa 58, 00-876 Warsaw, Poland, entered in the register of entrepreneurs of the National Court Register (Krajowy Rejestr Sądowy) conducted by District Court for the Capital City of Warsaw, XII Commercial Division of the National Court Register under KRS number 0000217580, REGON number 015803782 and Tax Identification Number (NIP) 527-24-43-955, with the fully paid up share capital in the amount of PLN 5.869.181,75. X-Trade Brokers Dom Maklerski S.A. conducts brokerage activities on the basis of the license granted by Polish Securities and Exchange Commission on 8th November 2005 No. DDM-M-4021-57-1/2005 and is supervised by Polish Supervision Authority.