• 8 1/2 year highs
  • 56.0 prev
  • non-mftg business a/c 62.4 vs 58.1 exp vs 57.5 prev
  • employment index 56.0 vs 54.4 prev
  • price paid index 60.9 vs 61.2 prev

ISM’s Nieves says

  • improving consumer confidence bodes well
  • seeing some impact from health-care law
  • no mention of geo-political factors affecting business

USD better bid on the stronger data. USDJPY 102.80 EURUSD 1.3375 GBPUSD 1.6857 USDCHF 0.9100

US ISM non-mftg composite PMI mm

US ISM non-mftg composite PMI mm