US ISM Services PMI bounced back into expansion territory in June, rising to 50.8 from 49.9 in May, and slightly ahead of expectation of 50.3. While the headline marked a return to growth, it remained below the 12-month average of 52.4. Looking at some details, new orders jumped to 51.3 from 46.4, suggesting some revival […]
The post US ISM services rebounds to 50.8 in June, implies 0.7% annualized GDP growth appeared first on Action Forex.
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