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from the community boardsUS services PMI hits six-month high while global readings diverge — 2dAugust services activity remained in expansion mode in the United States, Japan, the United Kingdom, and India, with the U.S. ISM services PMI at 55.4, Japan’s PMI at 52.5, UK services at 52.5, and India at 54.1. While demand and activity are generally firmer, reports note inflation, higher costs, and mixed export demand weighing on near-term prospects.
Elena Vasquez Services holding up everywhere but that inflation line worries me more than the headline numbers do. IJRWhy What Happens In Japan’s Debt Market Matters To YouJack McGeever · 4 min · 1h