The US economy continued to demonstrate strength in October, according to the latest flash PMI data.
October’s flash US PMI survey showed a continued rise in business activity, marking a strong start to the fourth quarter. This growth was driven solely by the service sector, as manufacturing output declined for the third month. Employment also saw a slight decrease for the third month in a row, reflecting uncertainties related to the Presidential Election.
However, confidence in the outlook for the upcoming year rebounded after a significant dip in September, with companies predicting more stability and certainty post-election. The survey also reported a slower pace of inflation for input costs and prices charged, with the latter dropping sharply to its lowest level since May 2020, largely due to a significant easing in service sector inflation.
Source: S&P Global
UK Summer Bank Holiday (August 31, 2026)Due to the UK Summer Bank Holiday on August 31, trading conditions for certain instruments will be adjusted.
Detail Euro and Sterling Firm on Rate Hike Bets (08.26.2026)Global markets remained focused on shifting central bank expectations, U.S. fiscal concerns, and Middle East risks.
Global markets remained focused on U.S. fiscal concerns, shifting central bank expectations, and renewed Middle East tensions.
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