The first look at the Markit US services PMI for February
- Prior was 55.6
- New business index at lowest since Sept at 53.3 vs 56.0 prior
- New orders 54.3 vs 55.8 prior
- Employment 52.7 vs 53.9 prior
- Composite PMI 54.3 vs 55.8 prior
This is like an early look at the ISM non-manufacturing survey. These are still solid numbers but given the strong data lately, this is disappointment. USD/JPY ticked lower on the headlines.