Deutsche Bank analysts suggest that for the US ISM, the consensus is sitting at a still comforting 55.2 following a 56.4 print in August however Deutsche Bank’s US economists are more bearish at 54.1. Key Quotes “As a reminder last month this fell to 53.1 and to the lowest since March 2017. Our colleagues note that while this series does not tell us much about the monthly changes in employment, it has historically been a leading indicator of the overall trend in service-sector job growth. So, further deterioration would send a more concerning signal to monetary policymakers about the labour market outlook.” “In terms of Europe, remember that the flash services reading 10 days ago saw a surprise and worrying fall to 52.0, when expectations had been for a print of 53.3. The services series has held up much better than manufacturing, and indeed the recent gap between the two is the widest since 2009. That said, the fall in the flash print to its lowest level since January has heightened concerns that services will resolve lower to catch down to manufacturing. For today’s print, consensus expectations are for no changes from the flash print.” 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 USD/JPY: Near term support line eroded – Commerzbank FX Street 3 years Deutsche Bank analysts suggest that for the US ISM, the consensus is sitting at a still comforting 55.2 following a 56.4 print in August however Deutsche Bank's US economists are more bearish at 54.1. Key Quotes "As a reminder last month this fell to 53.1 and to the lowest since March 2017. Our colleagues note that while this series does not tell us much about the monthly changes in employment, it has historically been a leading indicator of the overall trend in service-sector job growth. So, further deterioration would send a more concerning signal to monetary policymakers about the labour… 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.