Data on the Markit Services PMI for January is due at 4:45 pm (GMT+2) in the US. The index is forecasted to remain unchanged at 54.3 points. The index is compiled of surveys of purchasing managers of the biggest US companies regarding the state of the industry and its future prospects. Values above 50 points represent growth of the industry and can strengthen the US Dollar.

The material published on this page is produced by LiteForex and should not be considered as the provision of investment advice for the purposes of Directive 2004/39/EC; furthermore it has not been prepared in accordance with legal requirements designed to promote the independence of investment research and is not subject to any prohibition on dealing ahead of the dissemination of investment research.

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