News
π¨ πΊπΈ US flash PMIs: factories beat at 56.0, services dip to 57.9, prices surge
π¨ πΊπΈ US flash PMIs: factories beat at 56.0, services dip to 57.9, prices surge
- πΊπΈ Manufacturing rose to 56.0 in October against 55.5 expected, from 55.9, per newswires
- πΊπΈ Services eased to 57.9, a touch below the 58.0 forecast, from 58.8
FO view: The headline mix is close to expectations, but the price signal is the story: a booming economy with accelerating prices charged and an oil shock behind it leans against Fed easing and adds to the dollar's support from this morning's weak.
Not investment advice.