US: ISM Manufacturing PMI drops to 49 in November vs. 49.8 expected – by eren_fxstreet Manufacturing PMI EconomicIndicator Macroeconomics UnitedStates
US Dollar Index continues to push lower, losing more than 1% on the day.manufacturing sector contracted in November with the ISM Manufacturing PMI declining to 49 from 50.2 in October. This reading came in below the market expectation of 49.8.
Assessing the data,"with Business Survey Committee panellists reporting softening new order rates over the previous six months, the November composite index reading reflects companies' preparing for future lower output," said Timothy R. Fiore, Chair of the Institute for Supply Management Manufacturing Business Survey Committee.Information on these pages contains forward-looking statements that involve risks and uncertainties.
France Dernières Nouvelles, France Actualités
Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.
WTI oscillates around $80.50 as focus shifts to Caixin Manufacturing PMI and OPEC+ meetWest Texas Intermediate (WTI), futures on NYMEX, have turned sideways around $80.50 in the early Asian session after dropping from a fresh weekly high
Lire la suite »
USD/CNH faces resistance around 7.0600 as Caixin Manufacturing PMI rises to 49.4The USD/CNH pair is looking to conclude its recovery move around 7.0600 as China’s official Manufacturing PMI has landed better than expectations. The
Lire la suite »
Caixin China Manufacturing PMI: 49.4 (vs. est 48.9; prev 49.2), AUD steadyThe Caixin China Manufacturing PMI, released by Markit Economics has been released as follows: 49.4 (vs. estimated 48.9 and the previous 49.2. AUD/USD
Lire la suite »
Texflation in November drops thanks to gas and used carsAdd the pickup truck to your gift list for the archetypal Texan in your life. The Texflation index showed a marked decline last month, dropping 2.7%, mostly...
Lire la suite »
AUD/USD struggles below 0.6700 with eyes on Australia inflation, China PMI and Fed’s PowellAUD/USD struggles below 0.6700 with eyes on Australia inflation, China PMI and Fed’s Powell – by anilpanchal7 AUDUSD Inflation RiskAppetite PMI Fed
Lire la suite »
China's factory activity shrinks in Nov amid widespread COVID curbs - Caixin PMIChina's factory activity shrank in November as widespread COVID-19 curbs disrupted manufacturers' output, a private sector survey showed on Thursday, weighing on employment and economic growth in the fourth quarter.
Lire la suite »