3:02 PM · 5 June 2023

BREAKING: Much weaker US ISM reading!

The US economy is clearly taking a turn for the worse. The ISM index for services falls to 51.2 points with an expectation of 54.5 and the previous level of 55.1.

Non-manufacturing ISM for May and US factory orders for April

Non-Manufacturing Index, actual 50.3 points (expected:52.3, previous: 51.9)
Employment: 49.2 (previous: 50.8)
Prices: 56.2 (previous: 59.6)

EURUSD ticks higher following the publication of ISM and durable goods orders. After the publication, markets assess lower chances of the next rate hike by the FED, indicating a weaker US economy.

12 May 2026, 5:45 PM

BREAKING: Senate gives green light to Warsh. Markets cautious amid concerns

12 May 2026, 1:30 PM

BREAKING: U.S. CPI shows persistent inflation pressure! Dollar Strengthens After Data Release!

12 May 2026, 12:02 PM

📉 EURUSD down 0.3% ahead of April’s inflation

12 May 2026, 7:03 AM

Economic Calendar - Inflation Takes Center Stage (12.05.2026)

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