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Snake Named After TISM Member James Paull

One-time TISM guitarist James (Jock) Paull has had a snake named after him. ....

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Asian Open: Strong data sends Wall Street soaring

Forex: AUD remains firm ahead of today’s RBA meeting
No change is expected at today’s RBA meeting and, as they have a strong tendency to announce anything vaguely exciting in public before a meeting, no change is all but confirmed today. AUD/USD closed to a 2-week high thanks to a weaker US dollar overnight and printed a bullish engulfing candle on the daily chart. Given the bullish hammer which closed back above head and shoulders top neckline on Thursday, we now see the potential for this to bounce higher. A break above last week’s high of 0.7664 confirms a near-term bullish reversal. ....

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U.S. service sector activity index jumps to record high in March: ISM survey

U.S. service sector activity index jumps to record high in March: ISM survey
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Last Updated: Apr 05, 2021, 08:02 PM IST
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Synopsis
The Institute for Supply Management (ISM) said on Monday its non-manufacturing activity index rebounded to a reading of 63.7 last month also lifted by warmer weather. That was the highest in the survey s history and followed 55.3 in February.
Reuters
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A measure of U.S. services industry activity surged to a record high amid robust growth in new orders, in the latest indication of a roaring economy that is being boosted by increased vaccinations and massive fiscal stimulus. ....

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March 2021 ISM and Markit Services Surveys Show Improvement

March 2021 ISM and Markit Services Surveys Show Improvement
The ISM significantly improved and remained in expansion whilst the Markit PMI improved and advanced further into expansion.
Analyst Opinion of the ISM and Markit Services Survey
With the economy reopening, it comes as no surprise that both of these indices improved.
From Econoday:
Upturns in output and new orders accelerate to strong rates
Price gauges hit highest on record amid supply chain disruptions
Business optimism improves since February
March PMITM data indicated a substantial increase in business activity across the U.S. service sector, and one that was the steepest for almost seven years. Contributing to the marked upturn in output was the fastest expansion in new business for six years, reflecting strengthening client demand. Firms also registered a renewed rise in new export orders. Meanwhile, rates of input cost and output charge inflation reached fresh record peaks, as firms ....

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US service sector activity index hits record high in March

A measure of US services industry activity surged to a record high in March amid robust growth in new orders, in the latest indication of a . ....

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