The ISM Manufacturing Index dropped slightly to 59.7 in May from April’s almost six-year high of 60.4 (unrevised); however, this still indicates that manufacturing in the US expanded for the tenth consecutive month (a reading above 50 signals growth). Market expectations were for a reading of 59.0. Economic activity in Read More US Manufacturing Sector Expanded for the Tenth Consecutive Month in May
Recent Post
- Conservatives to block rise in IMF bailout cash
- Bank of England to print further ?50 billion
- Conservatives bid to block rise in IMF bailout cash
- India tells Britain We dont want your aid
- Turbulence ahead with Indian jet deal
- Forex GBP USD trades back above 15800 after bouncing at 15750
- Ruble Decline After Bank Rossii Keeps Rates Unchanged
- Forex EUR USD erases intraday losses
- Euro Falls on Disappointing News
- Forex EUR CHF extends gains, hits 1week high
