According to analysts from Wells Fargo, the ISM non-manufacturing index signaled broad activity slowed in July, but that the economy continues to expand at a decent pace. Key Quotes: “Like its manufacturing counterpart, the ISM non-manufacturing index indicated activity cooled in July. The index slipped more than three points but, at 55.7, remains well within expansion territory. Comments continued to sound a fairly upbeat tone that suggests growth remains solid.” “Employment was one of the few sub-indices to improve in July. While that looks inconsistent with the slowdown in hiring reported earlier today in the employment report, the index has generally weakened since the spring.” “Costs picked up and remain a hotbed issue. Tariff-related price concerns extend beyond the factory sector, with comments from the public administration, mining, retail and wholesale sectors.” 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 WTI stays above $68 after Baker Hughes report, looks to close the week in the red FX Street 5 years According to analysts from Wells Fargo, the ISM non-manufacturing index signaled broad activity slowed in July, but that the economy continues to expand at a decent pace. Key Quotes: "Like its manufacturing counterpart, the ISM non-manufacturing index indicated activity cooled in July. The index slipped more than three points but, at 55.7, remains well within expansion territory. Comments continued to sound a fairly upbeat tone that suggests growth remains solid." "Employment was one of the few sub-indices to improve in July. While that looks inconsistent with the slowdown in hiring reported earlier today in the employment report, the index… 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.
