Link Securities | The US services sector purchasing managers’ index, the services PMI compiled by S&P Global, fell in its final February reading to 51.7 points (a 10-month low) from 52.3 points in January, falling below the 52.3 points in its preliminary reading, which was what FactSet consensus analysts had expected. Any reading above 50 points suggests expansion of activity relative to the previous month, and below that level, contraction….

Singular Bank | In February, the Conference Board’s consumer confidence index in the US rose 2.2 points to 91.2 points following an upward revision of January’s figure (89.0 points). This reading significantly exceeded market consensus estimates (87.4 points), although it remains well below the four-year high of 112.8 reached in November 2024. At the same time, the present situation index rose 6.3 points to 120.0 points and the expectations index…

Bankinter | Empire Manufacturing (February): 7.1 versus 6.2 expected versus 7.7 previous. Bankinter analysis team’s view: The indicator shows that manufacturing activity in NY continues to expand moderately. New Orders remained positive (5.8), reflecting continued growth in demand, albeit at a moderate pace. Shipments weakened and fell to -1.0, signalling a stabilisation after the strength of the previous month (16.3). In the labour market, the Employment Index improved to positive…