Details of the September 2016 US ISM manufacturing PMI date report 3 October 2016
- Employment 49.7 vs 49.0 exp. Prior 48.3
- New orders 55.1 vs 49.1 prior
- Prices paid 53.0 vs 52.9 exp. Prior 53.0
The big US machine grinds into expansion once again. Good gains for new orders and despite the rise in employment, it remains in contraction.
The number woke up the dollar finally and pushed USDJPY to 101.55 from 101.30, and the euro to 1.1214 from 1.1222. Cable hit a new low by a couple of pips.
US ISM manufacturing PMI