August US ISM manufacturing PMI 55.7 vs 54.0 exp
- Prior 55.4
- Prices paid 54.0 vs 52.0 exp. Prior 49.0
- Employment index 53.3 vs 54.0 exp. Prior 54.4
- New orders 63.2 vs 58.3 prior
Nice jump in the ISM with new orders the highest sine April 2011.
Dollar getting bought all round. USD/JPY up to 99.74 high.
Cable and the euro crumble. EUR/USD breaking down through 1.3150, GBP/USD to yesterdays lows of 1.5530
USD/CHF takes off towards 0.9400 reaching a high of 0.9381.
Construction spending also giving a good boost to the buck.
That’s two good data points in the bag for Bernanke.
15 of th 18 sectors are reporting growth in August
August 2013 US ISM manufacturing summary