US S&P Global services final PMI 54.6 vs 53.6 prelim
- Prelim was 53.6
- Prior was 51.2
- Composite index 54.5 vs 53.6 prelim
- Prior composite index 51.9
The ISM services report is due at the top of the hour and expected at 54.5 vs 54.0 previously. This is a sign of upside risks, which would be a US dollar tailwind and could weigh on stocks. Eyes will be on the inflation numbers in particular.
This article was written by Adam Button at investinglive.com.