The results of the April Chicago PMI:
- 49.0 vs 52.5 expected
- Prior reading was 52.4
- Employment 48.7 vs 55.1 prior
- New orders 53.2 vs 53.0
- Prices paid 51.0 vs 61.0 prior
The number was released early to subscribers and made the rounds. It’s generally released three minutes early to subscribers but given the wave of USD selling ahead of the numbers, I’m suspicious it came earlier.
Up next is consumer confidence at the top of the hour. A reading of 61.0 is expected.
