S&P Global Services PMI preview: Consensus points to stronger services growth
| Pair | Now | Since publish |
|---|---|---|
| EURUSD | — | — |
| USDJPY | — | — |
The S&P Global Services PMI for the United States is scheduled for release on September 3, 2026, at 13:45 UTC. This high-impact economic indicator provides insight into the health of the US services sector. Market consensus anticipates a reading of 55.4, an increase from the previous month’s 54.6. A higher-than-expected figure typically suggests stronger economic activity in the services sector, which is a significant component of the US economy.
Historically, this release has been associated with notable price movements across major currency pairs and gold. After past S&P Global Services PMI releases, AUDUSD has seen a median 1-hour move of 9 pips, with top-quarter releases moving 17+ pips. EURUSD has experienced a median 1-hour move of 11 pips, with top-quarter releases moving 21+ pips. GBPUSD has shown a median 1-hour move of 15 pips, with top-quarter releases moving 28+ pips. For NZDUSD, the median 1-hour move was 9 pips, with top-quarter releases moving 17+ pips. USDCAD’s median 1-hour move was 12 pips, with top-quarter releases moving 25+ pips. USDCHF recorded a median 1-hour move of 11 pips, with top-quarter releases moving 18+ pips. USDJPY saw a median 1-hour move of 15 pips, with top-quarter releases moving 25+ pips. XAUUSD, or gold, has shown a median 1-hour move of 33 pips, with top-quarter releases moving 68+ pips. Direction-reliability statistics are not yet available for this event.
Recent actual prints for this series include 54.6 in August 2026, which exceeded a forecast of 52.7, leading to a +3.6 pips EURUSD 1-hour move. In July 2026, the actual was 51.2 against a forecast of 50.9, with EURUSD moving –4.8 pips. June 2026 saw an actual of 50.7 versus a forecast of 53.7, resulting in a –6.6 pips EURUSD 1-hour move.