Page 2 - March Services News Today

US ISM Services PMI will be released in the afternoon, consensus is looking for a slight uptick on the back of a strong Markit figure released earlier

/PRNewswire/ -- Economic activity in the services sector grew in March for the 22nd month in a row — with the Services PMI® registering 58.3 percent — say the...

Va. shelter welcomes back homeless veterans, others in need MIKE ALLEN, The Roanoke Times May 22, 2021 FacebookTwitterEmail 6 1of6Soon to be assistant director of the Trust House, Willie Foster, stands outside the ARCHs Trust House, Friday, May 7, 2021, in Roanoke, Va. After providing housing for COVID-19 positive homeless individuals, ARCHs Trust House has brought its clients home. Operated by ARCH Services, a Roanoke nonprofit dedicated to addressing addiction and homelessness, Tr...

4/7/2021 1:04:52 PM GMT EUR/USD Current Price: 1.1883 The US Federal Reserve is set to release the Minutes of its latest meeting. Markit upwardly revised its Services PMIs for the Union in March. EUR/USD is overbought in the near-term, the bearish potential is still limited. The EUR/USD pair approached the 1.1900 level after encouraging EU data which underpinned the shared currency while weaker US Treasury yields undermined the greenback throughout the first half of the day. Markit published th...

Share: FOMC Minutes passed unnoticed as the Fed reaffirmed its wait-and-see stance. Better than anticipated European data provided support to the shared currency. EUR/USD retains gains near 1.1900 and could extend its gain towards the 1.2000 area. The EUR/USD pair peaked at 1.1914 this Wednesday, its highest since March 23. The shared currency was supported by encouraging EU data, while the greenback, on the other hand, was hit by a continued decline in government bond yields and dismal local...

Share: The EU April Sentix Investor Confidence printed at 13.1, beating expectations. US Treasury yields edged sharply lower, weighing on the American currency. EUR/USD is technically bullish in the short-term, still depends on the greenback’s behaviour. The American dollar extended its slump this Tuesday, with EUR/USD hitting 1.1873, its highest in two weeks. The pair fell at the beginning of the week as news from China spurred some risk-aversion, but the positive mood resumed with London ...

®. The report was issued today by Anthony Nieves, CPSM, C.P.M., A.P.P., CFPM, Chair of the Institute for Supply Management ® (ISM ®) Services Business Survey Committee: "The Services PMI ® registered an all-time high of 63.7 percent, 8.4 percentage points higher than the February reading of 55.3 percent. The previous high was in October 2018, when the Services PMI ® registered 60.9 percent. The March reading indicates the 10th straight month of growth for the services sector, which has exp...

ISM® Construction was the fifth-highest growing sector in the report.  “Residential new home construction demand continues to outpace supply." Construction companies reported the highest price increases for materials and services in March of all 18 services industries. “All-time high” was the buzz phrase in a monthly economic report meeting for industries like construction, rental, warehousing and others. Anthony Nieves, chair of the Institute of Supply Management (ISM ®) Services ...