May 2018 US ISM manufacturing PMI data 01 June 2018
- Prior 57.3
- New orders 63.7 vs 61.2 prior
- Employment 56.3 vs 54.5 exp. Prior 54.2
- Prices paid 79.5 vs 78.2 exp. Prior 79.3
Decent beat.
This is going to be one of the key data points to watch as the trade war hots up. As you can see from the comments, we’re already seeing the effects filter through. Export orders are down, alongside imports. Expect higher prices, falling inventories and more volatility in imports/exports.
Psychedelic chartist extraordinaire. Have your shades ready.
Philosophy: “Don’t be a Dick for a tick”
Read how Ryan got into trading here
Philosophy: “Don’t be a Dick for a tick”
Read how Ryan got into trading here
Latest posts by Ryan Littlestone (see all)
- The last NFP competition of 2022 - December 1, 2022
- Will this month’s US NFP be a horror show? - October 4, 2022
- US NFP competition – Do you think there’s going to be a turn in the US jobs market? - August 31, 2022