US May 2018 preliminary PMI’s on 23.05.2018
- prior 56.5
- Preliminary Service PMI 55.7 vs 54.9 exp, prior 54.6
- Preliminary Composite PMI 55.7 vs 55.0 exp, prior 54.9
- New orders 57.1 vs final 58.1 in April
- New businesses 56.9 vs final 58.5 in April
Better, should keep USD on the strong foot compared to European weaker readings
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