Browsing Tag

Manufacturing

USD Crashes on Manufacturing Miss

The US dollar tanked yesterday as the lSM Manufacturing reading for November came in below expectations. The index printed 48.1 last month, marking a contraction form the prior month’s 48.3 reading. Notably, the reading was also below the… Read More

US PMI to Edge Modestly Higher

Markit will be releasing the forward-looking data this week, in the form of the flash manufacturing PMI for the United States. The preliminary results follow the business activity in the manufacturing sector for the month of July.… Read More