BREAKING: US non-manufacturing ISM data slightly below expectations

4:02 PM 5 March 2024

- US, non-manufacturing ISM for February. Actual: 52.6 Expected: 53.0. Previous: 53.4

- US, factory orders for January. Actual: -3.6% MoM. Expected: -2.8% MoM. Previous: +0.2% MoM

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US S&P Global Services PMI Feb F: 52.3 (est 51.4; prev 51.3)

S&P Global Composite PMI Feb F: 52.5 (est 51.4; prev 51.4)

The bullish component of today's reading is primarily the sizable decline in the price sub-index. Source: ISM

EURUSD pair gains shortly after publication of macro data.

Source: xStation

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