• Prior 59.0
  • Employment 54.6 vs 57.5 exp. Prior 58.1
  • Prices paid 59.5 vs 57.0 exp. Prior 58.0
  • New orders 60.0 vs 66.7 prior
  • Exports 53.5 vs 55.0 prior
  • Imports 53.0 vs 56.0 prior

Not the best report we’ve ever seen and orders have taken a bit of dive.

USD/JPY getting a beat down to 109.35 ahead of support along the old 2002 resistance line at 109.25

Looking through the report there’s enough here to give the doves some ammo but we are coming off a pretty strong run throughout 2014. Respondents seem to be happier than the drop in the report suggests.

US ISM manufacturing comments 01 10 2014

US ISM manufacturing comments 01 10 2014

The market may be getting alittle over concerned where not so much needs to be shown

US ISM manufacturing PMI 01 10 2014

US ISM manufacturing PMI 01 10 2014

US ISM manufacturing PMI 01 10 2014

US ISM manufacturing PMI 01 10 2014