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3:46 PM ยท 22 November 2024

BREAKING: Flash US S&P PMI stronger than expected. USDIDX gains 0.5% ๐Ÿ“ˆ

US S&P Composite PMI Flash (November): 55.3 (Forecast 54.3, Previous 54.1)

  • US S&P Services PMI Flash: 57 (Forecast 55, Previous 55.0)
  • US S&P Manufacturing PMI Flash: 48.9 (Forecast 48.9, Previous 48.5)

US dollar (USDIDX) gains after the stronger than expected S&P PMI readings from the US, signalling further pressure on the Federal Reserve, which may hold interest rates unchanged in December, with smaller amount of rate cuts in 2025. Data points to a very strong services sector.

 

Source: Bloomberg Finance LP, S&P Global, ISM, XTB Research

30 April 2026, 7:39 AM

Economic Calendar: The Central Bank Festival in Full Swing

29 April 2026, 7:31 PM

๐Ÿ”ด Fed Conference: Powell remains as a governor (LIVE)

29 April 2026, 7:01 PM

BREAKING: Fed keeps interest rates unchanged ๐Ÿ“Œ EURUSD extends below 1,1700 ๐Ÿ“‰

29 April 2026, 2:46 PM

BREAKING: Bank of Canada keeps rates unchanged ๐Ÿ‡จ๐Ÿ‡ฆ ๐Ÿ“Œ USDCAD extends gains ๐Ÿ“ˆ

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