02:45 PM GMT, United States - PMI Data for February:
- S&P Global Composite PMI: actual 50.4; previous 52.7;
- S&P Global Services PMI: actual 49.7; forecast 53.0; previous 52.9;
- S&P Global Manufacturing PMI: actual 51.6; forecast 51.3; previous 51.2;
Flash PMI from the US unexpectedly declined. In the first reaction after the publication, we observe growth on the EURUSD pair. The data indicate, on the one hand, worse sentiment in the services sector, and on the other hand, an improvement in sentiment in the industry.
Start investing today or test a free demo
Create account Try a demo Download mobile app Download mobile appThe US services sector has slumped to its lowest level since early 2023, signaling growing uncertainty, stalled business activity, and rising prices. Optimism has faded from near three-year highs, with companies citing concerns over government policies, tariffs, and geopolitical risks. Sales are being hit by political uncertainty, and while inflation remains muted, service-sector margins are under pressure. Manufacturing costs are rising due to tariffs, which could either drive inflation higher or squeeze corporate profits further. Economic growth projections have slowed sharply from over 2% last year to just 0.6% in February, contributing to a weaker US dollar.
The content of this report has been created by XTB S.A., with its registered office in Warsaw, at Prosta 67, 00-838 Warsaw, Poland, (KRS number 0000217580) and supervised by Polish Supervision Authority ( No. DDM-M-4021-57-1/2005). This material is a marketing communication within the meaning of Art. 24 (3) of Directive 2014/65/EU of the European Parliament and of the Council of 15 May 2014 on markets in financial instruments and amending Directive 2002/92/EC and Directive 2011/61/EU (MiFID II). Marketing communication is not an investment recommendation or information recommending or suggesting an investment strategy within the meaning of Regulation (EU) No 596/2014 of the European Parliament and of the Council of 16 April 2014 on market abuse (market abuse regulation) and repealing Directive 2003/6/EC of the European Parliament and of the Council and Commission Directives 2003/124/EC, 2003/125/EC and 2004/72/EC and Commission Delegated Regulation (EU) 2016/958 of 9 March 2016 supplementing Regulation (EU) No 596/2014 of the European Parliament and of the Council with regard to regulatory technical standards for the technical arrangements for objective presentation of investment recommendations or other information recommending or suggesting an investment strategy and for disclosure of particular interests or indications of conflicts of interest or any other advice, including in the area of investment advisory, within the meaning of the Trading in Financial Instruments Act of 29 July 2005 (i.e. Journal of Laws 2019, item 875, as amended). The marketing communication is prepared with the highest diligence, objectivity, presents the facts known to the author on the date of preparation and is devoid of any evaluation elements. The marketing communication is prepared without considering the client’s needs, his individual financial situation and does not present any investment strategy in any way. The marketing communication does not constitute an offer of sale, offering, subscription, invitation to purchase, advertisement or promotion of any financial instruments. XTB S.A. is not liable for any client’s actions or omissions, in particular for the acquisition or disposal of financial instruments, undertaken on the basis of the information contained in this marketing communication. In the event that the marketing communication contains any information about any results regarding the financial instruments indicated therein, these do not constitute any guarantee or forecast regarding the future results.
