ISM SERVICES PMI KEY POINTS:ISM services PMI falls to 54.4 in October from 56.7 in the previous month, disappointing expectations calling for a more modest pullback to 55.5Survey’s results suggest the U.S. economy...
Prior 50.0Composite PMI 48.2 vs 47.2 prelimPrior 49.1Despite the revision higher, UK services activity is seen slumping at its fastest pace since January last year. Business optimism also fell sharply to its weakest...
A further slump in demand conditions sees the euro area manufacturing downturn deepen in October, with the headline reading being a 29-month low. Geopolitical uncertainty, high inflation and weaker economic conditions around the...
The German manufacturing downturn deepens in October with a faster decline in both new orders and output being noted. The only consolation is that inflation pressures have cooled a little but are still...
US PMIs, Federal Reserve, US Dollar – Talking PointsUS ISM MANUFACTURING PMI ACTUAL 50.2 (FORECAST 50, PREVIOUS 50.9)US Dollar Index shifts course, slips back below 111.00Focus now shifts to November FOMC meeting tomorrow
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A slight revision higher but it still marks a modest contraction of the manufacturing sector in the UK as output, new orders and new export business all decline. That comes despite input cost...
