1:47 PM · 23 June 2023

BREAKING: Mixed PMI reading from US. Still strong services, weak manufacturing! 📊

S&P US PMI reading (16:45 BST)

Services:54,1 Expected: 54 Previously: 54,9
Manufacturing: 46,3 Expected: 48,5 Previously: 48,4
Composite: 53 Expected: 53,5 Previously: 54,3

The reading indicated still quite strong services, although the withdrawal is noticeable here as well. The industry fared worse despite the expected slight improvement. In first reaction US indices losses, US100 extends sell-off to 1.6%

Source: xStation5

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