The US ISM Services PMI came in at 50.0 vs 51.6 expected, missing consensus and sliding from 52.0 prior. The weak print signals slowing momentum in the largest sector of the economy and raises questions about the durability of US growth. The USD eased on the release. Equities, Treasuries, and gold post-data reactions.
03-10-2025 14:07 GMT
by Elior Manier