2025-02-06 12:05
IndustriISM Services Slows, ADP Jobs Beat Expectations
The US January ISM Services Index came in at 52.8, below the expected 54.3, signaling slower growth in the services sector. Employment improved slightly, but new orders and prices paid dropped, indicating cooling in demand and easing inflation. On the positive side, the US January ADP report showed 183K job gains, surpassing expectations, with the service-providing sector leading growth.
US stocks closed higher, while yields dropped across the curve. Crude oil fell to $71.12, gold hit an all-time high at $2882.39, and Bitcoin traded lower by about $400.
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ISM Services Slows, ADP Jobs Beat Expectations
Indonesia | 2025-02-06 12:05
The US January ISM Services Index came in at 52.8, below the expected 54.3, signaling slower growth in the services sector. Employment improved slightly, but new orders and prices paid dropped, indicating cooling in demand and easing inflation. On the positive side, the US January ADP report showed 183K job gains, surpassing expectations, with the service-providing sector leading growth.
US stocks closed higher, while yields dropped across the curve. Crude oil fell to $71.12, gold hit an all-time high at $2882.39, and Bitcoin traded lower by about $400.
#SeputarTrading #ForexTrick
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