The ISM Manufacturing PMI for the US fell to 50.9 in September from 52.8 in the previous month, and bellow analysts’ expectations of 52.2. Today’s reading points to the slowest growth in factory activity since the contractions in 2020.
Further details of the publication:- Prices paid 51.7 vs 51.9 expected (prior 52.5)
- Production 50.6 vs 50.4 prior
- Employment 48.7 vs 54.2 prior
- New orders 47.1 vs 51.3 prior
- Order backlog 50.9 vs 53.0 prior
- New export orders 47.8 vs 49.4 prior
EURUSD rose slighlty and is testing 50 SMA (green line). Source:xStation5
Daily Summary: Wall Street ends the week with a calm gain 🗽 Cryptocurrencies slide
BREAKING: US PCE inflation in line with expectations 🔎UoM prelim data slightly higher
BREAKING: Lower Unemployment in Canada🍁USDCAD sharply declines📉
DE40: Adequate data, Mild growth