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US ISM Services Survey Preview (SEP 2024)

The ISM Services PMI is expected to expand for the third consecutive month in September.

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By : David Song
October 3, 2024 02:15 AM
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    Downward trend

    EU markets ease on mixed European PMIs

    There were some downside surprises with French and UK services, and German manufacturing, all disappointing expectations

    Close-up of market chart showing downtrend

    Eurozone stocks turn lower as PMIs remain in contraction

    Economic activity remains rooted deeply in negative territory, due to the soaring cost of living, rising interest rates and elevated levels of uncertainty.

    Close-up of market chart showing downtrend

    Recession worries grow in busy week for earnings and central banks

    Poor PMI data underscore the challenges central banks face at a time when inflation remains very high

    Close-up of market chart showing downtrend

    Recession worries grow in busy week for earnings and central banks

    Poor PMI data underscore the challenges central banks face at a time when inflation remains very high

    Forex trading

    European and US PMIs weaker; EUR/USD remains near parity

    With the Jackson Hole Symposium this Thursday and Friday and the Fed stating that it is “data dependent”, the US data matters more at this point.

    Close-up of market chart

    European Open: Evergrande Coughs Up, Flash PMI’s in Focus

    Another day, another bullet dodged by the troubled Property Developer Evergrande. With a slight risk-on tone, focus now shifts to Flash PMI data for Europe and the US.

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