US February ISM Services PMI Hits 56.1, Beating Expectations of 53.5
US services sector shows stronger-than-expected expansion as ISM Services PMI surges to 56.1 in February, significantly exceeding market forecasts of 53.5
US February S&P Services PMI at 52.3, Below Forecast of 53.0
US S&P Global Services PMI for February came in at 52.3, missing market expectations of 53.0 and signaling a slower pace of expansion in the services sector.
Japan’s services and manufacturing sectors both posted stronger PMI readings in February, signaling broad-based economic recovery and improved corporate outlook, according to S&P Global.
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Japan’s February Services PMI Preliminary Reading Rises to 53.8, Expansion Continues
Japan’s services and manufacturing sectors both posted stronger PMI readings in February, signaling broad-based economic recovery and improved corporate outlook, according to S&P Global.
The US ISM Services PMI held steady at 53.8 in January, surpassing expectations and marking the highest level since October 2024, as the sector extended its expansion streak to 19 months despite slower growth in new orders and employment.
#YonhapInfomax #ISM #ServicesPMI #USEconomy #Expansion #January2024 #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket https://en.infomaxai.com/news/articleView.html?idxno=103876
US January ISM Services PMI at 53.8—Beats Expectations (Full Report)
The US ISM Services PMI held steady at 53.8 in January, surpassing expectations and marking the highest level since October 2024, as the sector extended its expansion streak to 19 months despite slower growth in new orders and employment.
China’s services sector expanded at its fastest pace in three months in January, with the S&P Global Services PMI rising to 52.3, driven by strong new orders and employment, while the composite PMI also improved and the yuan edged lower after the data release.
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China’s January S&P Global Services PMI Rises to 52.3—Fastest Expansion in Three Months
China’s services sector expanded at its fastest pace in three months in January, with the S&P Global Services PMI rising to 52.3, driven by strong new orders and employment, while the composite PMI also improved and the yuan edged lower after the data release.
Japan January Services PMI Rises to 53.7, Up from 51.6 in December
Japan’s services sector PMI climbed to 53.7 in January, the highest since February 2025, signaling robust expansion and easing cost pressures, while the yen continued to weaken.
Eurozone’s January services PMI fell to a four-month low at 51.9, missing forecasts, while manufacturing remained in contraction; UK PMIs hit multi-month highs, signaling diverging regional momentum.
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Eurozone January Services PMI Falls to Four-Month Low; Manufacturing Remains in Contraction
Eurozone’s January services PMI fell to a four-month low at 51.9, missing forecasts, while manufacturing remained in contraction; UK PMIs hit multi-month highs, signaling diverging regional momentum.
US December ISM Services PMI Hits 54.4—Highest Level of the Year (Update)
The US ISM Services PMI rose to 54.4 in December, surpassing forecasts and marking the highest level of the year, with new orders and employment rebounding strongly.
US December ISM Services PMI Rises to 54.4, Surpassing Forecast of 52.3
US services sector activity accelerated in December as the ISM Services PMI climbed to 54.4, beating market expectations of 52.3 and signaling robust economic momentum.
The dollar-yen exchange rate edged lower in subdued Tokyo trading, as US-Japan yield differentials and position adjustments limited volatility, while Japan's services PMI missed expectations.
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[Tokyo Foreign Exchange Market]Dollar-Yen Edges Lower in Thin Tokyo Trading
The dollar-yen exchange rate edged lower in subdued Tokyo trading, as US-Japan yield differentials and position adjustments limited volatility, while Japan's services PMI missed expectations.
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