2:47 PM · 21 August 2026

BREAKING: Strong US Service PMI 🔥EURUSD stays flat ↔️

21.08 - USA PMI Data (August) 

  • PMI, Manufacturing: 53,2 (Expected: 53,9; Previous: 53,9)
  • PMI, Services: 56,8 (Expected: 54; Previous: 54,6)
  • PMI, Composite: 56 (Previously: 54,5)

The biggest surprise is the services PMI. Not only is it rising instead of falling (as expected), but it's also reaching a level suggesting a rather strong expansion. Because services account for a much larger share of the US economy than manufacturing, their importance in assessing economic conditions is likely much greater.

However, the manufacturing sector index proved to be a significant disappointment. Instead of further acceleration, it fell noticeably below the expected ~53.9%.

The likely conclusion from these data is that energy costs and logistical disruptions continue to weigh on the manufacturing sector, but consumers (especially affluent ones) are supporting the services sector much more than previously anticipated. Taken together, this result points the Fed more toward a rate hike/hold than a potential cut.

EURUSD (M1)

 

Source: xStation5

21 August 2026, 3:07 PM

US OPEN: The market takes a shallow breath after intervention in US debt

21 August 2026, 1:11 PM

Bitcoin gains 7% and tests $80k 🔼 What does technical analysis suggest?

21 August 2026, 11:45 AM

⚪Silver tests $70 and breaks key resistance

21 August 2026, 9:03 AM

BREAKING: European PMIs stronger than expected 🔼 EURUSD approaches 1.17 level

The financial instruments we offer, especially CFDs, can be highly risky. Fractional Shares (FS) is an acquired from XTB fiduciary right to fractional parts of stocks and ETFs. FS are not a separate financial instrument. The limited corporate rights are associated with FS.
This page was not created for investors residing in Brazil. This brokerage is not authorized by the Comissão de Valores Mobiliários (CVM) or the Brazilian Central Bank (BCB). The content of this page should not be characterized as an investment offer in Brazil or for investors residing in that country.
Losses can exceed deposits