A report released by the Institute for Supply Management on Wednesday showed its reading on U.S. service sector activity came in unchanged in the month of January. The ISM said its services PMI came in at 53.8 in January, unchanged from a revised reading in December. A reading above 50 indicates growth in the sector.
Payroll processor ADP released a report on Wednesday showing private sector employment in the U.S. increased by much less than expected in the month of January. ADP said private sector employment rose by 22,000 jobs in January after climbing by a downwardly revised 37,000 jobs in December.
Eurozone inflation fell below the 2 percent target in January on falling energy prices and a stronger euro, official data showed on Wednesday. The harmonized index of consumer prices rose 1.7 percent on a yearly basis in January, as expected, following December's 2.0 percent increase, flash data from Eurostat revealed.
The UK service sector grew the most in five months in January amid strong growth in output and new work, final data from S&P Global showed on Wednesday. The final services Purchasing Managers' Index advanced to 54.0 in January from 51.4 in December. The flash score was 54.3. The reading has remained...
The euro area private sector logged its weakest growth in January due to the weakening of growth in services activity, final data from S&P Global showed on Wednesday. The final composite output index posted 51.3 in January, the lowest score since last September. The score remained below the initial estimate and the December's level of 51.5.
The Japanese yen weakened against other major currencies in the Asian session on Wednesday, due to political unpredictability and fiscal worries. The BoJ's hawkish stance and concerns about intervention may prevent the JPY bears from making new bets. A major contributing element to the JPY's weakness...
Flash inflation and final composite Purchasing Managers' survey results from the euro area are the top economic news due on Wednesday. At 3.15 am ET, Spain's services and composite PMI survey results are due. Economists expect services PMI to fall to 56.6 in January from 57.1 in the previous month. At 3.45 am ET, S&P Global publishes Italy's services and composite PMI data.
China service sector growth improved in January, driven by stronger growth in new business, survey data from S&P Global showed on Wednesday. The headline RatingDog services Purchasing Managers' Index rose to 52.3 from 52.0 in December. The latest rise in services activity was the strongest in three months.
The Australian dollar strengthened against other major currencies in the Asian session on Tuesday, after the Reserve Bank of Australia raised its benchmark rate for the first time since November 2023 as inflation picked up materially. The policy board governed by Michele Bullock decided to lift the...
Flash inflation from France and unemployment from Spain are the top economic news due on Tuesday. At 2.00 am ET, the Turkish Statistical Institute is scheduled to issue consumer and producer price data. Consumer price inflation is expected to ease to 30.0 percent in January from 30.89 percent in December.
The Reserve Bank of Australia raised its benchmark rate for the first time since November 2023 as inflation is expected to remain above target in the near term. The policy board governed by Michele Bullock decided to lift the cash rate target by 25 basis points to 3.85 percent. The Board judged that inflation is likely to remain above target for some time.
Manufacturing activity in the U.S. unexpectedly expanded for the first time in 12 months in January, according to a report released by the Institute for Supply Management on Monday. The ISM said its manufacturing PMI jumped to 52.6 in January from 47.9 in December, with a reading above 50 indicating growth. Economists had expected the index to inch up to 48.5.
The U.S. Dollar declined during the week ended January 30 despite the boost provided by the appointment of Kevin Warsh as the next Fed Chairman.
The euro area manufacturing activity shrank at a slower pace in January as production returned to growth, final survey results from S&P Global showed on Monday. The final HCOB manufacturing Purchasing Managers' Index rose to 49.5 in January from a nine-month low of 48.8 in December. The flash reading was 49.4. The score has remained below 50.0 for the third successive month in January.
UK house price growth accelerated in January as uncertainty around the budget faded, monthly data from the Nationwide Building Society showed Monday. House prices rose at a pace of 1.0 percent on a yearly basis in January after climbing 0.6 percent in December. This was faster than economists' forecast of 0.7 percent.
January 30, 2026 15:51 ET The Federal Reserve policy decision was the main event in the final week of January, which saw a heavy flow of economics news. Several data reflecting the trends in the U.S. economy were also released during the week. The interest rate decision from Canada also was in focus. In Europe, economic sentiment data gained attention. The policy decision from Singapore was the highlight in Asia.