US services PMI 54.5 vs 54.8 expected
क्या हुआ
US October ISM services PMI came in at 54.5, below the 54.8 expected (prior 54.9).
• New orders 55.9 (prior 59.8); business activity 53.8 (prior 56.5)
• Prices paid 73.0 (prior 74.0), still very high
• Employment 51.4 (prior 50.1), a slight improvement
• Earlier, the final S&P Global services PMI was 56.1, below the 57.9 preliminary reading. investingLive reported no clear dollar reaction so far.
इसका मतलब
A PMI above 50 means the sector is still expanding, and 54 is a solid reading. But new orders and business activity slowed while prices stayed high. Growth is cooling, but price pressure has not gone away. The dollar and bond yields often move on data like this, so it is a useful signal ahead of the next US releases.
सिर्फ़ समझ के लिए, prediction नहीं। यह buy/sell सलाह नहीं है, ख़बर पढ़कर सीधे trade न करें।
Source: investinglive.com