Economics
Canada Services PMI Remains in Contraction
The S&P Global Canada Services Business Activity Index rose to 48.3 in September 2026 from 46.8 in August, remaining below the critical 50.0 no-change mark. Canada’s service sector continued to face a challenging business climate, with activity and new business falling at slower rates amid uncertainty over tariffs and the war in Iran. Tariffs and […]
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US Business Growth Confirmed at Over 5-Year High
The S&P Global US Composite PMI rose to 58.4 in September 2026 from 56 in August, matching the flash estimate and marking the strongest expansion in private-sector business activity in more than five years. Growth accelerated across both manufacturing and services, pointing to broad-based strength in the US economy. The increase in output was supported […]
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- 2 days ago
US Services Growth Eases as Price Pressures Intensify
The ISM Services PMI fell to 54.9 in September 2026 from 55.4 in August, compared with expectations of 55. The index nevertheless remained in expansion territory for a 27th consecutive month, indicating continued growth in the US services sector. Business activity eased more noticeably, with the Business Activity Index dropping to 56.5 from 61.7, while […]
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ISM Services PMI expected to signal a solid US economy in September
On Monday, we’ll get the latest read on the US services sector when the Institute for Supply Management (ISM) publishes its September gauge. Consensus points to a marginal downtick to 55 from August’s 55.4. If confirmed, the reading is unlikely to significantly dent the current sector’s resilience and confidence in the broader economy. Back in […]
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- 2 days ago
France’s Budget, Spain’s Elections. Politics Returns to the Markets
Stock Market 📈 Companies 🏢 Macroeconomics and Politics 🌍 Currencies 💵 Commodities and Energy 🛢️ Cryptoassets 🪙
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UK Services Growth Slows as Rising Costs and Weak Demand Limit Momentum
The UK services sector continues to expand, but growth is losing momentum as cautious consumer spending, higher borrowing costs and geopolitical uncertainty weigh on demand. At the same time, rising fuel and payroll costs are putting renewed pressure on businesses, creating a more difficult environment for both margins and employment. The latest S&P Global UK […]
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- 2 days ago
September PMI readings: Eurozone accelerates, UK struggles with labor market
The latest PMI data from S&P Global for September shows a clear expansion of activity in the services sector and composite indicators across Europe. While Eurozone countries, led by Germany, record a distinct rebound, the UK economy struggles with an ongoing slowdown in the labor market and rising cost pressures. United Kingdom (UK) Eurozone Germany […]
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India 10Y Yield Rises on State Debt Supply
The yield on India’s 10-year G-Sec hovered around 7.22%, extending gains to over two-year highs as expectations of higher debt supply and tighter monetary policy weighed on bond prices. States and union territories plan to raise INR 3.61 trillion through bonds in October-December, above market estimates of INR 3.25-3.50 trillion, with issuance skewed toward longer […]
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Turkey Inflation Rate Lowest Since 2021
Turkey’s annual inflation rate slowed to 29.73% in September 2026 from 31.51% in the previous month, below market expectations of 30.3%. It marked the lowest reading since November 2021, strengthening expectations for an interest rate cut later this month as policymakers seek to alleviate liquidity pressures linked to the domestic fund crisis. While elevated oil […]
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South Africa Private Sector Contracts in September
The S&P Global South Africa PMI fell to 49.0 in September 2026 from 50.5 in August, signalling a renewed contraction in private sector activity and the weakest performance so far this year. The downturn was driven by a sharp decline in new orders, which fell at the fastest pace in two-and-a-half years amid uncertainty over […]
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- 2 days ago