US final May Markit services PMI

  • Flash 56.4. April 57.4
  • Employment 55.5 vs 55.0 prior. Highest since June 2014
  • Composite final 56.0 vs 56.1 prior
  • Employment 55.3 v s54.8 prior. Also highest since June 2014
  • Input prices rise vs April

Keeps the employment picture intact but the headline services number takes quite a hit from last month. Not the same reaction seen in the buck that we saw in the pound over UK services. USDJPY holding the 124.25 level

US Services PMI