03:00 PM BST, United States - ISM Data for June:
-
ISM Manufacturing PMI: actual 49.0; forecast 48.8; previous 48.5;
-
ISM Manufacturing Employment: actual 45.0; previous 46.8;
-
ISM Manufacturing New Orders Index: actual 46.4; previous 47.6;
-
ISM Manufacturing Prices: actual 69.7; forecast 69.6; previous 69.4;
Start investing today or test a free demo
Create account Try a demo Download mobile app Download mobile app03:00 PM BST, United States - JOLTS Job Openings for May:
-
actual 7.769M; forecast 7.320M; previous 7.395M;
The latest ISM report on manufacturing shows an ongoing contraction in the sector, although its pace has slowed down . Aside from the ongoing cooling after intensive pre-tariff expansion, the report underlines broad manufacturing disruption driven by tariff volatility and geopolitical unrest. Industries like fabricated metals, wood products, and machinery report falling demand and rising costs. Biopharma faces hiring freezes, while food, electronics, and petroleum sectors struggle with pricing and labor shortages. Transportation and EV projects are delayed, as uncertainty hampers planning, spending, and supply chains.
At the same time, the JOLTS report showed job openings came in higher than expected, contradicting recent Fed statements suggesting a subdued hiring appetite. A stronger labor market may reinforce the Fed’s current policy stance, putting modest downward pressure on the EUR/USD.
Source: xStation5
The price pressures persist in manufacturing sector. Source: XTB Research
This content has been created by XTB S.A. This service is provided by XTB S.A., with its registered office in Warsaw, at Prosta 67, 00-838 Warsaw, Poland, entered in the register of entrepreneurs of the National Court Register (Krajowy Rejestr Sądowy) conducted by District Court for the Capital City of Warsaw, XII Commercial Division of the National Court Register under KRS number 0000217580, REGON number 015803782 and Tax Identification Number (NIP) 527-24-43-955, with the fully paid up share capital in the amount of PLN 5.869.181,75. XTB S.A. conducts brokerage activities on the basis of the license granted by Polish Securities and Exchange Commission on 8th November 2005 No. DDM-M-4021-57-1/2005 and is supervised by Polish Supervision Authority.
