U.S. flash services PMI index rises slightly in September
U.S. services PMI index rose slightly in September, but remains low. On a seasonally adjusted basis, the flash U.S. services PMI Business Activity Index rose marginally to 50.9 from August’s 50.7; however, still one of t…
U.S. services PMI index rose slightly in September, but remains low. On a seasonally adjusted basis, the flash U.S. services PMI Business Activity Index rose marginally to 50.9 from August’s 50.7; however, still one of the lowest readings seen in the past three-and-a-half years.
The latest data showed the slowest rise in new work since the survey started in October 2009. Weak demand resulted in more rapid fall in volumes of unfinished work and a reduction in employment numbers for the first time in just under ten years.
The data for September indicated to some relief from margin pressures as input costs fell to the greatest extent since the survey started in late-2009, although the effect was restricted by another slight reduction in average prices charged by service providers.
Gold prices edged lower on Monday as stronger-than-expected U.S. nonfarm payrolls data dampened hopes for aggressive Federal Reserve rate cuts, bolstering the dollar. Spot gold slipped 0.1% to $2,686.32 an ounce, while F…
On-chain data shows BTC whales moved 10000 BTC from Crypto exchanges. This indicate accumulation of BTC by whales. Japanese public company Metaplanet buys another 1 billion yen worth of Bitcoin. According to Santiment, t…
Personal income increased by 0.2% month over month In August, which was less than the 0.4% market forecast and less than the 0.3% growth in July. For the third consecutive month, real personal disposable income increased…
