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April 2016 US ISM non-manufacturing PMI 55.7 vs 54.7 exp

Details from the April 2016 US ISM non-manufacturing PMI data report 4 May 2016

  • Prior 54.5
  • Business activity 58.8 vs 59.2 exp. Prior 59.8
  • Employment 53.0 vs 50.3 prior
  • New orders 59.9 vs 56.7
  • Prices paid 53.4 vs 49.1 prior

What did the ECB say about leaks? Looks like the recipients are making hay while the sun shines. USDJPY ran up nearly 20 pips in the seconds leading up to the release and has now gained another 20+ to 106.98.

Conspiracies aside, the services industry continues to carry the other sectors on its shoulders this year.

Dodgy? Not arf

IS ISM non-manufacturing PMI

I wonder if the ISM bod will pass comment on the ECB story?

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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