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

 

K-man

Fundamentalist market maker, turned all round market taker.
Philosophy: “Cycling is good for your health, overtrading is bad”

Read how Koen got into trading here
K-man

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