Details of the July 2016 US ISM manufacturing PMI data report 1 August 2016

  • Prior 53.2

  • Employment 49.4 vs 50.3 exp. Prior 50.4

  • New orders 56.9 vs 57.0 prior

  • Prices paid 55.0 vs 60.0 exp. Prior 60.5

A tad softer on the headline and employment slipping once again is not good news. New orders held up well enough though. USDJPY dropped a few pips to 102.21from around 102.35 but has recovered all that back. It seems there's little interest still.

Let's see how the ISM bods address this one.

US ISM manufacturing PMI