“A robust rate of service sector growth helped to underpin the overall upturn in private sector output during June” Markit Economics noted in its latest ‘IHS Markit Flash U.S. PMI,’ report. Key quotes from the publication At 56.5, down slightly from 56.8 in May, the seasonally adjusted IHS Markit Flash U.S. Services PMI Business Activity Index posted its second-highest reading since April 2015. Higher levels of service sector activity were supported by another marked rise in new work and a solid rate of job creation in June. However, the latest survey also highlighted stronger inflationary pressures. Input costs increased at the fastest rate since September 2013. Service providers widely commented on higher prices for fuel, staff salaries and steel-related items. FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next US stocks trade mixed, remain on track for weekly losses FX Street 3 years "A robust rate of service sector growth helped to underpin the overall upturn in private sector output during June" Markit Economics noted in its latest 'IHS Markit Flash U.S. PMI,' report. Key quotes from the publication At 56.5, down slightly from 56.8 in May, the seasonally adjusted IHS Markit Flash U.S. Services PMI Business Activity Index posted its second-highest reading since April 2015. Higher levels of service sector activity were supported by another marked rise in new work and a solid rate of job creation in June. However, the latest survey also highlighted stronger inflationary pressures. Input costs increased at… Top Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
