BREAKING: Mixed PMI from US

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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Strong US macro data 🗽 Industrial production and prices rise

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16 October 2026, 10:23 AM

🔼 EURUSD continues to rebound

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