🚨ALERT: ISM DATA IS OUT! 🚨 ISM DATA UPDATE — FULL BREAKDOWN
actual: 53.8%
expected: 53.5%
previous: 54.4%🚨
the latest ISM data has been released, showing an actual reading of 53.8%, slightly above expectations of 53.5%, but lower than the previous 54.4%. This signals that economic activity is still expanding, as readings above 50 indicate growth, but momentum is clearly cooling. The slowdown suggests demand is stabilizing rather than accelerating, reinforcing the idea of a soft-landing scenario. For markets, this reduces immediate inflation fears while keeping rate-cut expectations cautiously alive....
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