The IHS Markit US Manufacturing PMI fell to 61.20 in August from 63.4 in July, a third straight month of decline from May's all-time high and below market forecasts of 62.5.
The IHS Markit US Services PMI fell to 55.2 in August from 59.9 in the previous month and below well above analysts’ estimates of 59.5. The reading pointed to the slowest growth in factory activity in 4 months although it remained a robust one.
EURUSD saw a relatively small reaction to today’s data releases. The most popular currency pair continued to trade around 1.1735 level. Source: xStation5
Daily summary: A week closed with declines – is the market starting to fear inflation?
Economic Calendar: Global Data Focus Shifts to US and Canada,
Market Wrap: What does Trump's Beijing visit mean for the markets?
Economic Calendar: All eyes on US consumer 🇺🇸 (14.05.2026)