3:47 PM ยท 21 February 2025

BREAKING: EURUSD gains after US PMI data ๐Ÿ“Œ

02:45 PM GMT, United States - PMI Data for February:

  • S&P Global Composite PMI: actual 50.4; previous 52.7;
  • S&P Global Services PMI: actual 49.7; forecast 53.0; previous 52.9;
  • S&P Global Manufacturing PMI: actual 51.6; forecast 51.3; previous 51.2;
 

Flash PMI from the US unexpectedly declined. In the first reaction after the publication, we observe growth on the EURUSD pair. The data indicate, on the one hand, worse sentiment in the services sector, and on the other hand, an improvement in sentiment in the industry.

The US services sector has slumped to its lowest level since early 2023, signaling growing uncertainty, stalled business activity, and rising prices. Optimism has faded from near three-year highs, with companies citing concerns over government policies, tariffs, and geopolitical risks. Sales are being hit by political uncertainty, and while inflation remains muted, service-sector margins are under pressure. Manufacturing costs are rising due to tariffs, which could either drive inflation higher or squeeze corporate profits further. Economic growth projections have slowed sharply from over 2% last year to just 0.6% in February, contributing to a weaker US dollar.

 

 

25 May 2026, 6:58 AM

Economic Calendar: The US, the UK, and parts of Europe will be closed for trading ๐Ÿ’ก (25.05.2026)

25 May 2026, 6:33 AM

Morning Wrap: Geopolitical Risk-On After the Weekend๐ŸŸฉ (25.05. 2026)

22 May 2026, 6:59 PM

๐Ÿ’ฏDaily Summary - Wall Street Close to Records Ahead of Long Weekend

22 May 2026, 5:15 PM

๐Ÿ”ดA New Era at the Fed: Kevin Warsh Takes the Helm. US30 above 50k

The financial instruments we offer, especially CFDs, can be highly risky. Fractional Shares (FS) is an acquired from XTB fiduciary right to fractional parts of stocks and ETFs. FS are not a separate financial instrument. The limited corporate rights are associated with FS.
This page was not created for investors residing in Brazil. This brokerage is not authorized by the Comissรฃo de Valores Mobiliรกrios (CVM) or the Brazilian Central Bank (BCB). The content of this page should not be characterized as an investment offer in Brazil or for investors residing in that country.
Losses can exceed deposits