2:46 PM · 24 July 2023

BREAKING: US services PMI lower than expected! Suprising beat of manufacturing data!

  • 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. 

12 June 2026, 3:08 PM

BREAKING: USDIDX decline despite strong University of Michigan data

12 June 2026, 12:41 PM

French luxury companies and banks gain as the inflation rises

12 June 2026, 12:25 PM

UK GDP Contracted and the Pound is Up? 🇬🇧 💷

12 June 2026, 8:36 AM

Macro Calendar: Wrapping up an intense week (12.06.2026)

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