Indicating an unexpected acceleration in the pace of growth in the U.S. manufacturing sector, the Institute for Supply Management released a report on Thursday showing its index of activity in the sector rose to a nearly fourteen-year high in February. The ISM said its purchasing managers index climbed to 60.8. more...
Activity in the U.S. manufacturing sector unexpectedly grew at a faster rate in the month of September, according to a report released by the Institute for Supply Management on Monday. The ISM said its purchasing managers index climbed to 60.8 in September from 58.8 in August. more...
Trading the News: U.S. ISM Non-Manufacturing A slowdown in the ISM Non-Manufacturing survey may produce headwinds for the greenback and spur a near-term rally in EUR/USD as fears of a slowing recovery dampens bets for a Fed rate-hike in the first-half of 2016. What’s Expected: Why Is This Event Important: Even though the Federal Open Market Committee (FOMC) appears to be on course to implement ...
- U.S. ISM Manufacturing Survey Expected to Fall Back from Highest Reading Since March 2011. - Even Though Employment Component Narrowed in August, Still Marked the Second-Highest Print for 2014. Trading the News: U.S. ISM Manufacturing A downtick in the ISM Manufacturing survey may generate a bearish dollar reaction (bullish EUR/USD) should the data print dampen the outlook for growth and inflation. What’s Expected: ...
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