For the Street, Service PMIs as Enticing as Jan Jobs Report

[BondMoves.com]

Posting throughout much of Friday’s global trading session, many economies’ service-sector purchasing manager indices (PMIs) came in above expectations. Seldom would these survey-based indicators compete with the U.S. nonfarm payroll report for the markets’ attention but the positive surprises and the outright levels have economists at several dealers rethinking their prior calls for a sharp Q1 output slowdown...http://feeds.feedburner.com/~r/BondMoves/~4/6W7m9AmkJY8

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