- 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.

Gold prices drop sharply at the end of October. The collapse of the safe-haven myth or a search for liquidity?
ECB Holds Rates Unchanged💶 EURUSD down 📉
There is no good scenario for the euro today
Economic Calendar: ECB Decision, PCE Inflation, and Amazon Earnings in the Spotlight 🚨