Tag: services

ISM Services PMI Misses Expectations, Market’s Focus Shifts to NFP Data for Fed Clues

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...

UK October final services PMI 48.8 vs 47.5 prelim

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...

Australian services and composite PMIs for October drop into contraction

S&P Global / Markit PMIs from Australia for October.Services 49.3 vs. September 50.6Composite 49.8 vs. September 50.9The preliminary results out back on the 23rd were in contractions (49.0 and 49.6 respectively Commentary from...

Gemini Launches Its Crypto Services in Six European Countries

Gemini, an American cryptocurrency exchange, has launched in six new countries in Europe. Take Advantage of the Biggest Financial Event in London. This year we have expanded to new verticals...

China Oct Manufacturing PMI 49.2 (expected 50.0) Services PMI 48.7 (expected 51.9)

China official PMIs for October 2022. Manufacturing 49.2expected 50.0, prior 50.1Non-manufacturing 48.7expected 51.9, prior 50.6Composite is 49.0---These are awful results.There was a long holiday in October, which really should have given a boost...

Apple Falls in After-Hours Trading as iPhone Sales, Services Miss Estimates

Apple, iPhone, Services, Earnings Report, Sentiment – Talking PointsApple, Inc stock falls nearly 6% in after-hours trading on poor earnings numbersMac sales rebound strongly, but services and iPhone sales disappointed estimatesA rough macro...

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