Data released on Monday showed better-than-expected numbers from the service sector. Though the survey came before the recent jump in virus case counts, the non-manufacturing index signaled a sharp rebound in June, explained analysts at Wells Fargo. Key Quotes: “The activity index hit a 15-year high. Low base effects help and it is a tough road ahead.” “The ISM non-manufacturing index rose to 57.1 in June—a much larger rise than had been expected—bringing the index close to where it was before the crisis. While the survey was conducted before the latest flare-up in case counts, the service sector was coming back online in a remarkable fashion.” “There are signs that the worst of the impact from the virus and related lockdowns is fading. Supplier deliveries fell almost 10 points and orders picked up meaningfully to 61.6, even order backlogs moved into expansion territory 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 Bitcoin Cash Technical Analysis: BCH/USD massive 6% surge sets the tone for $260 FX Street 3 years Data released on Monday showed better-than-expected numbers from the service sector. Though the survey came before the recent jump in virus case counts, the non-manufacturing index signaled a sharp rebound in June, explained analysts at Wells Fargo. Key Quotes: “The activity index hit a 15-year high. Low base effects help and it is a tough road ahead.” “The ISM non-manufacturing index rose to 57.1 in June—a much larger rise than had been expected—bringing the index close to where it was before the crisis. While the survey was conducted before the latest flare-up in case counts, the service sector was coming… 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.
