🚨 Breaking | Impactful US Data 🚨
Release of the Services PMI Index (ISM - December) 🇺🇸
📉 Result:
Previous: 54.1
Expected: 52.9
Current: 52.5
🔴 The reading came below expectations
➡️ Negative for the US Dollar
➡️ Positive for risk assets (stocks, gold, crypto)
💡 Slowing in the services sector means less inflationary pressure,
and thus increases the likelihood of monetary policy easing later.
📈 Markets love this kind of data...
And the overall trend remains favorable for risk-taking 🔥
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