Uptick in ISM to 36.3; Pending home sales more than double expectations, +2.1%

Not terrible data, as compared to the ADP report. ISM was a shade firmer than expected at 36.3 from 35.8 in February. Pending home sales rose 2.15, much better than the 1% rise expected. Construction spending fell 0.9% in February.

Stocks are trimming losses after the data as are oil prices. EUR/USD is flopping around in the 1.3250s.