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 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.
This content has been created by XTB S.A. This service is provided by XTB S.A., with its registered office in Warsaw, at Prosta 67, 00-838 Warsaw, Poland, entered in the register of entrepreneurs of the National Court Register (Krajowy Rejestr Sądowy) conducted by District Court for the Capital City of Warsaw, XII Commercial Division of the National Court Register under KRS number 0000217580, REGON number 015803782 and Tax Identification Number (NIP) 527-24-43-955, with the fully paid up share capital in the amount of PLN 5.869.181,75. XTB S.A. conducts brokerage activities on the basis of the license granted by Polish Securities and Exchange Commission on 8th November 2005 No. DDM-M-4021-57-1/2005 and is supervised by Polish Supervision Authority.