February 2018 US Markit service PMI final 5 March 2018

  • Flash 55.9. Jan 53.3
  • New orders 57.8 vs 58.1 flash. Jan 56.2
  • Composite 55.8 vs 55.9 exp. Flash 55.9. Jan 53.8
  • New orders 57.6 vs 58.1 flash. Jan 56.3

The buck is higher but it’s not on this data. The main ISM services number is at the top of the hour.

Notes;

  • Output growth quickens to sharp rate
  • Upturn in new business strongest since March 2015
  • Input price inflation accelerates to fastest since June 2015

Once again, inflationary pressures are evident.

Ryan Littlestone

Psychedelic chartist extraordinaire. Have your shades ready.
Philosophy: “Don’t be a Dick for a tick”

Read how Ryan got into trading here
Ryan Littlestone

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