Tag: drops

04
May
2024

US ISM service PMI drops to 49.4 in April compared to expected 52.0

US ISM Services PMI fell into contraction territory below 50 in April. The US dollar index remains in negative territory, below 105.00. ISM services reduce US service sector activity in April PMI Edge dropped from 51.4 to 49.4. March. This figure was lower than the market expectation of 52.0. Other details in the report showed