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January 07, 2026
U.S. December ISM Services strength probably outweighs weaker November Job Openings
January 7, 2026 3:38 PM UTC
December’s ISM services index at 54.4 from 52.6 is the strongest since October 2024 with positive details. While some caution is needed with other surveys less impressive the ISM services strength probably outweighs weakness in November’s JOLTS report, where openings fell by 303k to 7.146m.
U.S. December ADP Employment improved from November but still subdued
January 7, 2026 1:41 PM UTC
ADP’s December estimate of private sector employment of 41k falls slightly short of expectations but confirms the recovery from the negative November (revised to -29k from -32k) that weekly ADP data had been signaling. Now that we have weekly ADP data, surprises in the monthly ADP reports are gene
EZ HICP Review: Services Inflation Still Resilient But Core Goods Soften Further
January 7, 2026 10:44 AM UTC
HICP inflation has been range bound for the last 5-6 months between 2.0% and 2.2% with the November and October numbers in the middle of that range. And it stayed in that range falling to 2.0% in the December flash numbers, albeit where adverse rounding pre vented a fall to 1.9%. We see this as th
Greenland: U.S. Sphere of Influence or More?
January 7, 2026 8:05 AM UTC
· Trump will likely go for more pressure and then seek to negotiate with Denmark and Greenland. Denmark and Greenland already have mutual interests with the U.S. on security; minerals and Russia/China that are already covered by previous agreements and understandings. Trump would li