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U.S. Services Purchasing Managers Index (PMI)

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U.S. Services Purchasing Managers Index (PMI)

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Latest Release
Jan 05, 2017
Actual
53.9
Forecast
53.4
Previous
53.4
The Service PMI release is published monthly by Markit Economics. The data are based on surveys of over 400 executives in private sector service companies. The surveys cover transport and communication, financial intermediaries, business and personal services, computing & IT, hotels and restaurants. 
An index level of 50 denotes no change since the previous month, while a level above 50 signals an improvement, and below 50 indicates a deterioration. A reading that is stronger than forecast is generally supportive (bullish) for the USD, while a weaker than forecast reading is generally negative (bearish) for the USD.
Importance:
Country:
Currency: USD
Source: Markit
U.S. Services Purchasing Managers Index (PMI)
 
Release Date Time Actual Forecast Previous
Feb 03, 2017 (Jan) 09:45      
Jan 26, 2017 (Jan) 09:45   54.4 53.9
Jan 05, 2017 (Dec) 09:45 53.9 53.4 53.4
Dec 19, 2016 (Dec) 09:45   53.4 55.2 54.6
Dec 05, 2016 (Nov) 09:45 54.6 54.9 54.7
Nov 25, 2016 (Nov) 09:45   54.7 54.8 54.8

News

text
Top 5 Things to Know in the Market on Thursday By Investing.com - Jan 05, 2017 1

Investing.com - Here are the top five things you need to know in financial markets on Thursday, January 5: 1. Dollar stumbles after Fed meeting minutes The U.S. dollar stepped further away from a ...

text
Gold jumps to 4-week high as dollar extends losses By Investing.com - Jan 05, 2017

Investing.com - Gold prices rallied to a four-week high on Thursday, as the U.S. dollar stepped further away from a 14-year peak against a basket of major currencies following the release of ...

Analysis

Jeremy Cook
Exuberance Bleeding Out Of USD By Jeremy Cook - Jan 06, 2017

Not the end of Trump rally The trickle of a dollar selloff that we had seen at the beginning of yesterday’s session turned into more of a swell by the end of the day with the greenback lower ...

Ipek Ozkardeskaya
USD Gains Against Major Currency Pairs By Ipek Ozkardeskaya - Jan 06, 2017

FTSE -4 points at 7191 DAX -12 points at 11572 CAC -3 points at 4897 Euro Stoxx 50 -3 points at 3313 The US dollar pared gains against all G10 currencies after the aggressive sell-off in New York ...

Kristina Leonova
NZD/USD: Support And Resistance By Kristina Leonova - Jan 05, 2017

The pair is demonstrating growth for the second trading session amid a weakening in the US dollar against all other major currencies. In the end of this week, volatility on the market is expected to ...

Services PMI Discussion

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