Analysts at TD Securities, notes that the August ISM non-manufacturing index continued to highlight the divergence between the industrial and the services sectors, as so far the woes from the trade war and global weakness affecting manufacturing production appear not to have spilled over into the rest of the economy. Key Quotes “In the details, the index exceeded expectations, jumping to a six-month high at 56.4 from 53.7 before (mkt 56.4). Most of the key components were strong, with new orders (to 60.3 from 54.1) and business activity (to 61.5 from 53.1) leading the way.” “The only negative read in an otherwise strong report was the decline in the employment component to its lowest level since March 2017 at 53.1 from a strong 56.2, which would suggest an slowdown ahead in service-sector employment which is not surprising at this stage of the cycle.” 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 GBP/USD logs three-day winning streak on Brexit-positive headlines ahead of US NFP FX Street 4 years Analysts at TD Securities, notes that the August ISM non-manufacturing index continued to highlight the divergence between the industrial and the services sectors, as so far the woes from the trade war and global weakness affecting manufacturing production appear not to have spilled over into the rest of the economy. Key Quotes "In the details, the index exceeded expectations, jumping to a six-month high at 56.4 from 53.7 before (mkt 56.4). Most of the key components were strong, with new orders (to 60.3 from 54.1) and business activity (to 61.5 from 53.1) leading the way." "The only negative read in… Regulated 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.
