Blogs

Business activity in the US service sector expanded at a stronger pace than anticipated in January, with the ISM Services PMI rising to 53.4 from 50.5 (revised from 50.6) in December to beat the market expectation of 52.0.

United States ISM Services PMI came in at 53.4, above expectations (52) in January

United States ISM Services New Orders Index climbed from previous 52.8 to 55 in January

United States ISM Services Prices Paid up to 64 in January from previous 57.4

United States ISM Services Employment Index up to 50.5 in January from previous 43.3

Gold climbed to its highest level since early January above $2,060 but corrected sharply lower following strong US labour market report.

United States S&P Global Services PMI came in at 52.5 below forecasts (52.9) in January

United States S&P Global Composite PMI fell from previous 52.3 to 52 in January

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