• Prior 61.0
  • Employment 52.8 vs 56.1
  • Composite PMI flash 60.9 vs 61.1 prior
  • Comp new orders 58.0 vs 60.8 prior

Correction: Looking at the Markit press release, Reuters have their numbers round the wrong way

“July’s survey highlights another positive month for the U.S. service sector, with output growth remaining at a post-crisis high and the trend mirroring strong gains reported by manufacturers so far this summer.As a result, latest PMI figures provide an early signal that robust growth momentum has been sustained into the third quarter, setting the U.S. economy firmly on course to recover some of the ground lost earlier in the year.” Said Tim Moore at Markit

US Markit services PMI 28 07 2014

US Markit services PMI 28 07 2014

Despite sevices remaining at the highest since 2009 the dollar cares not for this number and we continue to loll around 101.80