- Industrial: Actual: 49.0; Expectations 46.4; Previously 46.3
- Service:Actual: 52.4; Expectations 54; Previously 54.4
- Compared to reading from European countries, US data comes slightly better.
- PMI analysts indicate that the overall rate of output growth, measured across manufacturing and services, is consistent with GDP expanding at an annualized quarterly rate of approximately 1.5% at the start of the third quarter. That's down from a 2% pace signalled by the survey in the second quarter.
- The EURUSD is relatively unmoved shortly after US PMI data release.

Daily summary: Silver plunges 9% 🚨Indices, crypto and precious metals under pressure
BREAKING: US jobless claims slightly higher than expected
Economic calendar: US Jobless Claims and ECB Speeches to Offer Markets Breathing Room (12.02.2026)
BREAKING: Pound frozen after lower-than-expected GDP data from UK 🇬🇧 📉