- Manufacturing flash index 51.2 versus 52.6. Prior month 52.4
- Services PMI flash for February 52.3 versus 53.0 estimate. Prior 52.7.
- Composite 52.3 versus 53.0 last month
The good news is that each of the a indices were above the 50.0 level indicating growth. The bad news is that each of the estimates were below the prior month and below estimates.
Ahead, the University of Michigan sentiment indices for February will be released at the top of the hour with the sentiment expected at 57.3 unchanged from the preliminary. The current conditions is expected at 57.7 versus 58.3, and the expectations came in at 56.6 .
The 1 year inflation came in at 3.5% last month with the 5 year inflation at 3.4%. The Supreme Court decision on tariffs may be released at 10 AM ET.
US stocks are mixed ahead of the date with the S&P and the Nasdaq trading above and below unchanged.
The US yields are also little changed:
- 2 year yield 3.478%, +0.8 basis points
- 10 year yield 4.076%, +0.2 basis points
- 30 year yield 4.706% current +0.3 basis point
Crude oil is down -0.23% after the sharp 4.36% rise yesterday.
