AI Data Insight
The US flash Composite PMI for Q3 2026 registered at 53.6, heating up significantly from the previous Q2 reading of 52.2 and beating market consensus. The momentum of this expansion relies heavily on holiday consumption in the services sector holding up, while manufacturing hit a four-month low due to supply chain disruptions. Sticky inflation and intensified geopolitical risks may pose further challenges to the Federal Reserve's subsequent interest rate decisions.