02:45 PM BST, United States - PMI Data for October:
- S&P Global Services PMI: actual 55.0; forecast 55.3; previous 55.2;
- S&P Global Composite PMI: actual 54.1; forecast 54.3; previous 54.0;
03:00 PM BST, United States - ISM Data for October:
Start investing today or test a free demo
Open real account TRY DEMO Download mobile app Download mobile app- ISM Non-Manufacturing PMI: actual 56.0; forecast 53.8; previous 54.9;
- ISM Non-Manufacturing Employment: actual 53.0; forecast 48.0; previous 48.1;
- ISM Non-Manufacturing Business Activity: actual 57.2; previous 59.9;
- ISM Non-Manufacturing New Orders: actual 57.4; forecast 58.0; previous 59.4;
- ISM Non-Manufacturing Prices: actual 58.1; forecast 58.0; previous 59.4;
The Services ISM for October 2024 registered at 56, the highest since July 2022, indicating ongoing expansion in the services sector for the fourth consecutive month. Key metrics showed mixed performance: the Employment Index rose sharply to 53%, and the Supplier Deliveries Index increased, reflecting slower delivery times amid steady demand. Business Activity and New Orders indices dipped but remained in expansion territory, while concerns over political uncertainty and hurricane impacts persisted. Fourteen industries reported growth, led by Retail Trade and Information, with some industries, like Health Care, highlighting supply chain challenges and potential price increases due to natural disasters.
_5e00d7f8b1.png)
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.
