Details of the May 2015 US ISM non manufacturing PMI data report 3 June 2015

  • Prior 57.8
  • Business activity 59.5 vs 60.5 exp
  • New orders 57.9 vs 59.2 prior
  • Export orders 55.0 vs 48.5 prior
  • Employment 55.3 vs 56.7 prior
  • Prices paid 55.9 vs 50.1 prior

That's knocked the dollar to 124.05 from 124.30

It's the weakest read since Apr 2014. Backlogs at 48.5 vs 54.5 is the lowest since 2013. Inventories hold steady at 51.0

We'll see how the ISM bods spin these numbers shortly. There's no pick up in this sector like manufacturing

US ISM non-manufacturing PMI