November 2018 US ISM manufacturing PMI 3 December 2018

  • ISM manufacturing PMI 59.3 vs 57.6 exp Prior 57.7
  • Prices paid 60.7 vs 70.0 exp. Prior 71.6
  • Employment 58.4 vs 56.5 exp. Prior 56.8
  • New orders 62.1 vs 57.4 prior

Good numbers but that inflation component is going to keep feet on the ground. USDJPY is up a touch but not doing much elsewhere.

Some of the comments highlight tariffs and staffing issues but the tariffs issue doesn’t seem to be too impacting, given the drop in prices.

Ryan Littlestone

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