Economic data is in charge: US ISM services highlights the calendar ...Middle East

The theme so far in 2024 has been the dominance of economic data. Each release re-calibrates Fed expectations and all the market pricing that's built around it.A great example was on Friday when a series of soft second-tier data led to a slump in the US dollar and declining Treasury yields. Rates are down again today but the dollar is firm so far, with some angst rising due to China's larger military budget.That will continue to play out in the background but data will dominate in the next few hours. There is nothing due out at the bottom of the hour as the action doesn't kick off until 9:45 am ET with the release of the final S&P Global US services PMI. The prelim was 51.3 compared to 52.5

Hence then, the article about economic data is in charge us ism services highlights the calendar was published today ( Tuesday 05/03/2024 - 04:33 PM ) and is available on forex live ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.

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Last updated : 05 March 2024 clock 04:33 PM

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