ISM Manufacturing PMI at 51.9 – small beat, but USD not cheered

A slightly better than expected outcome for the manufacturing sector: a score of 51.9 in the ISM PMI, showing stronger growth. The prices component is also higher, rising from 53 to 54.5 points. More importantly, the employment component is up to 52.9 points, indicating hiring, a positive sign for the jobs report on Friday. A separate release showed […]

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