3:04 PM · 1 May 2023

BREAKING: ISM index ticks up in April

  • ISM manufacturing index ticks up to 47.1 from 46.2 in March
  • Prices component moves back above 50 mark
  • USD dollar gains slightly after the data
  • Indices remain nearly flat

ISM manufacturing is up but so is employment and prices – it looks like the Fed might need to be even more restrictive. Source: ISM
 

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