September 2017 US ISM manufacturing PMI report 02 October 2017

  • Prior 58.8
  • Prices paid 71.5 vs 64.0 exp. Prior 62.0
  • Employment 60.3 vs 58.0 exp. Prior 59.9
  • New orders 64.6 vs 60.3 prior

That’s a very strong read from the prices component. USDJPY jumped a paltry 35 pips to 112.91. Here’s the details and comments from the report. There’s more than one or two comments blaming price rises on the hurricanes so that might be a factor why the buck isn’t meanigfully higher on the prices component.

ISM Manufacturing details 02 10 2017

ISM Manufacturing comments 02 10 2017

Also out;

  • August 2017 US construction spending 0.5% vs 0.4% exp m/m. Prior -0.6%
Ryan Littlestone

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