Services sector showing resilience with ISM PMI at 54.4, beating the 52.2 consensus. That's the kind of print that matters for risk appetite. But here's the catch—Prices Paid came in at 64.3, slightly cooler than the 64.9 expected, yet still elevated. The real surprise? New Orders surged to 57.9, crushing the 52.6 forecast. This signals demand isn't dead yet, even with rates where they are. For crypto traders, this mixed macro backdrop matters. Sticky inflation readings keep the Fed cautious, while stronger order flows suggest the economy's got more juice than some thought. Either way, expect volatility.
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MidnightMEVeater
· 01-07 18:50
Good morning, night creatures. It's another early morning of data bombardment.
This wave of 57.9 in new orders is truly a boon for dark pool traders. The demand isn't completely dead, which means liquidity still needs to dance, but inflation stickiness is like a gas war—there's never a bottom.
The payment price of 64.3 indicates that foodies are still fighting for food. This is the real price shock.
The Federal Reserve is cautious, the economy has potential, and the market will be volatile—sounds like the calm before the storm of a sandwich attack. The robot paradise is waiting for us.
Let's wait and see how the midnight arbitrage range gets swallowed up.
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FlashLoanKing
· 01-07 18:45
The order has been placed, and the number 57.9 is a bit impressive... but inflation remains sticky. The Federal Reserve definitely won't be soft, so we still have to wait.
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MindsetExpander
· 01-07 18:40
Order data is so strong, 57.9 directly breaks the record, but inflation still refuses to let go... How will the Federal Reserve play this round?
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MoonMathMagic
· 01-07 18:39
The new order is so strong, breaking 57.9 directly. It feels like the economy isn't as bad as expected.
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OnlyUpOnly
· 01-07 18:28
Order data is so strong, yet inflation still stubbornly refuses to come down. Is the Federal Reserve planning to continue a hard landing... I really can't see through this wave of BTC.
Services sector showing resilience with ISM PMI at 54.4, beating the 52.2 consensus. That's the kind of print that matters for risk appetite. But here's the catch—Prices Paid came in at 64.3, slightly cooler than the 64.9 expected, yet still elevated. The real surprise? New Orders surged to 57.9, crushing the 52.6 forecast. This signals demand isn't dead yet, even with rates where they are. For crypto traders, this mixed macro backdrop matters. Sticky inflation readings keep the Fed cautious, while stronger order flows suggest the economy's got more juice than some thought. Either way, expect volatility.