Up from final 48.4 in December and better than Reuter’s median forecast of 49.0.

First growth since September. EUR/USD recovers to 1.3025, where we started out the day. Deep joy. I feel as though I’m covering the Asian session or maybe the North American afternoon

;)

Services PMI 54.5, up from final 52.4 in December and better than Reuters’ median forecast of 52.6. Highest read since June.