Details of the July 2016 US Markit manufacturing PMI flash report 22 July 2016

  • Prior 51.3

  • Output 53.9 vs 50.4 prior

  • Employment 53.4 vs 52.3 prior

Hike!!

Good numbers from the US machine, and the employment numbers are particularly notable for their strength taking them to the highest since July last year.

USDJPY smells a hike as it jumps from 105.85 to 105.97 ;-) A failure to re-take 106.00 is likely to mean only one thing.

US Markit manufacturing PMI