Wolf Money(world market review 2-8 March 2026)
Claude Monet 1840-1926 Meadow at Giverny Juliana Cheney Edwards Collection, 1939 Market Summary 2-8 Mar 2026 *USA* ± S&P Global US Composite PMI at 51.9 in Feb, lowest in 10 mths -US retail sales down by 0.2% MoM in Jan, first decline since Oct + US ISM Services PMI climbed to 56.1 in Feb vs 53.8 in Jan, fastest expansion since Aug 2022 + US export prices rose more than anticipated by 0.6% in Jan, import prices up 0.2% for 2nd mth ± S&P Global US Services PMI fell to 51.7 in Feb vs 52.7 in Jan, vs market estimates of 53 -US jobless rate rises to 4.4%, 3rd time in 5 mths economy lost jobs + US initial jobless claims unchanged at 213,000 + US average hourly earnings for all employees on private nonfarm payrolls rose by 15 cents, or 0.4% MoM to US$37.32 in Feb -US nonfarm payrolls down 92,000 in Feb, healthcare lost most jobs at 28,000, tech followed at 11,000 + US private businesses added 63,000 jobs in Feb, the most since Jul 25...