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.

2 November 2026, 6:57 PM

Daily Summary: A Rollercoaster Ride in the Commodities Market🚨Oil Drops 7%; Gold Rallies Over 2%💥

2 November 2026, 6:40 AM

Economic Calendar - Global series of industrial PMI indicators and tech giants' results

2 November 2026, 6:21 AM

📊Morning Wrap: Oil falls after Qatar talks. China injects liquidity, while the US prepares for elections.

30 October 2026, 4:05 PM

🔴Three Markets to Watch Next Week: US500, BITCOIN, EURUSD (30.10.2026)

Forex Economic reports

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