The ISM Services PMI jumped to 53.4 in January from 50.6 in December, comfortably beating the 52.0 consensus expectation. Ten industries out of 18 reported growth for the month – up from nine in December. The business activity sub-index was unchanged at 55.8, while the new orders index rose to 55.0 from 52.8 in December. […]

The post ISM Shows Services Sector Expansion Accelerates in January appeared first on Action Forex.

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