Data released on Monday showed the ISM Services index came in above expectations. Analysts at Wells Fargo suggest the rise in the ISM services survey to 57.8 in September contrasts with recent “hard” data showing the recovery is losing momentum. Key Quotes: “The stronger pace of growth signalled by the survey contrasts with recent “hard” data on spending and employment. However, as a diffusion index, it suggests that the recovery is at least broadening to where more firms are reporting increases in activity, even if “hard” data point to more incremental gains in the overall level of economic activity recently.” “For the first time since February, more firms reported increasing employment than cutting jobs. The net share seeing orders rise also improved, with the new orders index back above 60.” 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 Trump Coronavirus Update: Press Secretary McEnany tests positive, raising concerns about others FX Street 2 years Data released on Monday showed the ISM Services index came in above expectations. Analysts at Wells Fargo suggest the rise in the ISM services survey to 57.8 in September contrasts with recent “hard” data showing the recovery is losing momentum. Key Quotes: “The stronger pace of growth signalled by the survey contrasts with recent “hard” data on spending and employment. However, as a diffusion index, it suggests that the recovery is at least broadening to where more firms are reporting increases in activity, even if “hard” data point to more incremental gains in the overall level of economic activity recently.”… 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.
