Read more
2:49 PM · 21 April 2023

BREAKING: US PMIs better than expected!

  • Manufacturing: 50.4 vs expected: 49 Previous: 49.2

  • Services: 53.7 vs expected: 51.5. Previous: 52.6

Data came better than expected by analysts and this means the US economy remains strong. Which gives some space for the FED to continue to tighten monetary policy. As in the EU, the PMI services came much better than manufacturing.

Currently investors estimate the probability of a 25 pb rate hike at 86.6% in favor of a 25 bp hike and 13.4% in favor of no change at the Fed meeting in early May. After the release of the PMI data, investors have some hints on what to expect from the ISM data for April, which will be released on May 3. 

US500 is trading below 4160 points. Right after the publication there was no significant reaction. However, a moment later the index dipped below 4150 points moving away from the upper support line.

17 April 2026, 5:04 PM

Three Markets To Watch (20.04.2026)

17 April 2026, 3:43 PM

Parabolic rallies on European markets ahead of the weekend💡

17 April 2026, 2:34 PM

US OPEN: The Strait of Hormuz is fully open 💥Euphoria in the markets 🚀

17 April 2026, 11:09 AM

Market wrap: Peace rumours and disapointing earnings

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