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Ism Services Report

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economy-and-business2 years ago

"US Services Sector Teeters on Contraction as ISM and PMI Reports Show Sharp Decline"

The upcoming ISM services report for December is anticipated to show a slight decrease, which could significantly influence market trends, especially after the recent reversal of the US dollar following the non-farm payrolls data. The report is a leading indicator, with the market closely watching the prices paid and employment figures within it to confirm or contradict the jobs data. The outcome of this report could set the tone for market dynamics for the rest of the month.