Highlights of the Markit services PMI for April.

  • Prior reading was 59.2
  • Composite PMI 57.4 vs 59.2
  • Prior composite PMI was 59.2

There were only 7 estimates for the 58.8 Markit services PMI estimate. It was not even really a 'consensus' and the market would have probably been looking for (yet another) disappointment if anyone cared about the Markit services PMI. No reaction in the FX market.