Global Economy Briefing — March 5, 2026

2026-03-05 - 09:13

The Big Three 1 ISM Services PMI blew past estimates at 56.1 (cons. 53.5, prev. 53.8) — the fastest expansion in the US services sector since mid-2022. Business Activity surged to 59.9 and New Orders jumped to 58.6, both multi-year highs, signalling that consumer demand remains robust even as the Iran war rattles energy markets