Institute for Supply Management

Today, traders likewise had a possibility to have a look at the ISM Services PMI report for December. The report revealed that ISM Services PMI increased from 52.1 in November to 54.1 in December, compared to expert agreement of 53.3. Numbers above 50 program growth. New Orders index increased from 53.7 in November to 54.2 in December, while Business Activity index enhanced from 53.7 to 58.2. The Institute for Supply Management commented: "Many markets kept in mind that end-of-year and seasonal aspects were assisting drive organization activity or effect stock management." U.S. Dollar Index picked up speed as traders responded to better-than-expected reports. Presently, U.S. Dollar Index is attempting to settle above the 108.50 level. Gold drew back from session highs as traders concentrat...

The New Orders Index reduced from 47.4 in July to 44.6 in August, while Production Index reduced from 45.9 to 44.8. The Institute for Supply Management commented: "Demand stays controlled, as business reveal a hesitation to purchase capital and stock due to present federal financial policy and election unpredictability." Today, traders likewise had an opportunity to have a look at the last reading of S&P Global Manufacturing PMI report. The report revealed that S&P Global Manufacturing PMI decreased from 49.6 in July to 47.9 in August, compared to expert projection of 48. U.S. Dollar Index was flat as traders responded to PMI information. Presently, U.S. Dollar Index is attempting to settle listed below the 101.60 level. Treasury yields are moving lower, which is bearish for the American c...

Tag: Institute for Supply Management

Shocks Job Openings Beat Expectations; SP500 Falls Below 5960

ISM Manufacturing PMI Rises To 47.2, Missing Analyst Expectations