ISM non-manufacturing and factory orders up next
Three reports are due at the top of the hour:
- ISM non-manufacturing
- Factory orders
- Canadian Ivey PMI
It's safe to ignore the Ivey data, it's never a market mover any more.
Factory orders is an interesting one but it will be overshadowed by the ISM numbers. The consensus is for a 57.6 reading, an uptick from 57.4 previously. Watch the sub-indexes as well. Here is the previous report.