Breaking News

U.S. Services Purchasing Managers Index (PMI)

Latest Release

Jan 24, 2023

Actual

46.6

Forecast

45.0

44.7

The Service PMI release is published monthly by Markit Economics. The data are based on surveys of over 400 executives in private sector service companies. The surveys cover transport and communication, financial intermediaries, business and personal services, computing & IT, hotels and restaurants.
An index level of 50 denotes no change since the previous month, while a level above 50 signals an improvement, and below 50 indicates a deterioration. A reading that is stronger than forecast is generally supportive (bullish) for the USD, while a weaker than forecast reading is generally negative (bearish) for the USD.

Importance:

Country:

Currency: USD

Source: Markit

Release Date	Time	Actual	Forecast	Previous
Feb 04, 2023 (Jan)	01:45		46.6	46.6
Jan 25, 2023 (Jan)	01:45	46.6	45.0	44.7
Jan 06, 2023 (Dec)	01:45	44.7	44.4	46.2
Dec 17, 2022 (Dec)	01:45	44.4	46.8	46.2
Dec 06, 2022 (Nov)	01:45	46.2	46.1	47.8
Nov 24, 2022 (Nov)	01:45	46.1	47.9	47.8

News

Oil slumps 2% on weak U.S. manufacturing, new crude build forecast By Investing.com - Jan 25, 2023

By Barani Krishnan Investing.com - Oil’s two-week rally paused meaningfully for the first time on Tuesday as crude prices fell as much as 2% from a contraction in U.S. manufacturing that reinforced...

Dow futures remain flat, earnings in focus By Investing.com - Jan 24, 2023

By Oliver Gray Investing.com - U.S. stock futures were little changed during Monday’s evening trade after major indices finished the regular session higher as investors digested a fresh batch of...

Dow futures tick lower as investors brace for tech earnings By Investing.com - Jan 23, 2023

By Oliver Gray Investing.com - U.S. stock futures were trading in a tight range during Sunday’s evening deals, following a mixed week for major benchmark averages as market participants digested...

Analysis

The Overnight Report: Hanging In By Greg Peel - Jan 25, 2023

By Greg Peel Bad News! According to NAB’s December business confidence survey, business conditions have deteriorated, with the index falling -8 points to +12. Oh woe is us. But the numbers...

Australian dollar forecast for 2023 By David Llewellyn-Smith - Jan 09, 2023 1

DXY sagged with US jobs despite a good report. EUR is ripping your face off: Everybody hates DXY and everybody loves EUR:AUD is griding lower versus EUR and at breakout levels versus DXY:The market...

The Overnight Report: Within Minutes By Greg Peel - Nov 24, 2022

Break on Through The ASX200 had no trouble conquering 7200 yesterday, smashing through from the open and then settling into an otherwise dull session. It was an opening step-up, and that was that,...

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S&P/ASX 200	7,493.80	+25.50	+0.34%
ASX 200 Futures	7,449.5	+17.5	+0.24%
ASX All Ordinaries	7,709.50	+21.50	+0.28%
US 500	4,068.9	+8.5	+0.21%
Dow Jones	33,978.08	+28.67	+0.08%
China A50 Futures	14,333.0	-45.0	-0.31%
Dollar Index	101.735	+0.097	+0.10%

Crude Oil WTI	79.38	-1.63	-2.01%
Natural Gas	2.856	+0.008	+0.28%
Gold	1,928.00	-2.00	-0.10%
Silver	23.725	-0.295	-1.23%
Copper	4.2300	-0.0375	-0.88%
US Sugar #11	21.02	+0.34	+1.64%
US Coffee C	169.25	+2.10	+1.26%

Australia 10Y	3.560	-0.020	-0.56%
Australia 5Y	3.288	-0.017	-0.51%
New Zealand 10Y	4.157	+0.018	+0.42%
U.S. 10Y	3.507	+-0.011	+-0.31%
Japan 10Y	0.480	0.000	0.00%
China 10Y	2.973	-0.012	-0.40%
Singapore 10Y	2.876	+0.009	+0.33%

CSL	294.70	-1.42	-0.48%
Woolworths	35.150	+0.410	+1.18%
ANZ Holdings	24.980	+0.380	+1.54%
Commonwealth Bank Australia	109.850	+1.020	+0.94%
Telstra Group	4.090	+0.010	+0.25%
National Australia Bank	31.790	+0.310	+0.98%
BHP Group Ltd	49.540	+0.300	+0.61%

	Interest Rates	Next Meeting
RBA	3.10%	Feb 07, 2023
BOE	3.50%	Feb 02, 2023
ECB	2.50%	Feb 02, 2023
FED	4.50%	Feb 01, 2023
SNB	1.00%	Mar 23, 2023
BOC	4.50%	Mar 08, 2023
RBNZ	4.25%	Feb 22, 2023
BOJ	-0.10%	Mar 10, 2023
CBR	7.50%	Feb 10, 2023
RBI	6.25%	Feb 08, 2023
PBOC	3.65%
BCB	13.75%	Feb 01, 2023