US Manufacturing PMI (flash) increased to 59.0 in March from 58.6 in February, slightly below analysts’ expectations of 59.3. The reading pointed to the continuing expansion in factory activity since February 2020.
US Services PMI (flash) rose to 60.0 in March from 59.8 in the previous month, in line with market expectations. The latest reading pointed to the fifth consecutive expansion in the services sector.
EURUSD saw a relatively small reaction to today’s data releases. The most popular currency pair continued to trade around 1.1830 level. Source: xStation5
Market Wrap: A 4% surge in oil prices weighs on indices (08.10.2026)
Morning wrap: Wall Street and precious metals attempt to stabilize as oil gains nearly 2%
Large decline in crude inventories 🛢️📉
Economic calendar: quiet Wednesday, FOMC protocol and oil market in focus 🛢️