Flash PMI indices for September from the United States were released at 2:45 pm BST. PMI indices from Europe released this morning turned out to be weaker-than-expected and investors began to wonder whether it is the case for the US as well. US release showed a similar pattern as the ones from Europe - a deterioration was registered in both sectors and data also missed analysts' expectations.
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Manufacturing: 60.5 vs 61.5 expected (61.1 previously)
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Services: 54.4 vs 55.0 expected (55.1 previously)
Market reaction was barely noticeable. Stock market indices and EURUSD continued upward moves triggered after the launch of the US cash trading and weaker data did not manage to derail sentiment.
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EURUSD barely reacted to the release of US PMIs for September. Range of the moves in the first 5 minutes after the release did not exceed 0.05%. Source: xStation5
