{"id":91979,"date":"2023-11-03T18:49:19","date_gmt":"2023-11-03T14:49:19","guid":{"rendered":"https:\/\/noortrends.ae\/en\/?p=91979"},"modified":"2023-11-03T18:50:54","modified_gmt":"2023-11-03T14:50:54","slug":"us-ism-services-pmi-declines-to-51-8-in-october-vs-53-expected","status":"publish","type":"post","link":"https:\/\/noortrends.ae\/en\/us-ism-services-pmi-declines-to-51-8-in-october-vs-53-expected\/11\/03\/market-updates\/","title":{"rendered":"US ISM Services PMI declines to 51.8 in October vs. 53 expected"},"content":{"rendered":"\n<p>The US ISM Services PMI fell to 51.8 in October. The US Dollar Index stays deep in red territory below 105.50. <br><br>Business activity in the US service sector expanded at a softening pace in October, with the ISM Services PMI declining to 51.8 from 53.6 in September.<br><br>This reading came in below the market expectation of 53.<br><br>Further details of the survey showed that the Prices Paid Index, the inflation component, edged slightly lower to 58.6 from 58.9, while the Employment Index fell to 50.2 from 53.4.<br><br>The US Dollar continued to weaken against its major rivals following the PMI data. As of writing, the US Dollar Index was down 0.75% on the day at 105.35.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The US ISM Services PMI fell to 51.8 in October. The US Dollar Index stays deep in red territory below 105.50. Business activity in the US service sector expanded at a softening pace in October, with the ISM Services PMI declining to 51.8 from 53.6 in September.This reading came in below the market expectation of &hellip;<\/p>\n","protected":false},"author":13,"featured_media":57755,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[37,36],"tags":[10506,8210,8324],"class_list":["post-91979","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-forex-markets","category-market-updates","tag-business-activity","tag-ism-services","tag-us-dollar-index"],"_links":{"self":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/91979","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/users\/13"}],"replies":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/comments?post=91979"}],"version-history":[{"count":2,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/91979\/revisions"}],"predecessor-version":[{"id":92029,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/91979\/revisions\/92029"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media\/57755"}],"wp:attachment":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media?parent=91979"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=91979"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=91979"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}