U.S. business activity data - Ester Holdings
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U.S. business activity data

  • Manufacturing PMI (November), fact 55.3, forecast 55.4.
  • ISM manufacturing  employment index  (November), fact 58.4, forecast 56.5.
  • ISM Manufacturing PMI (November), fact 59.3, forecast 57.6.

The general report on business activity in the manufacturing sector (PMI) in the United States was very ambiguous, which is not true of statistics from ISM. The data from ISM showed an improvement in November, which confirmed the positive dynamics of employment and activity in the manufacturing sector.

Fig. 1. Graph of the ISM business activity in the Manufacturing Sector (PMI)  in the USA

 

The US dollar index reacted quite restrained to these statistics, remaining in full power of sentiment that set the tone for the market since the beginning of the day. The index of the dollar, in turn, remains downward on maintaining optimism.

Fig. 2. The US dollar index chart. The current price is 96.90 (10-year government bonds yield is the blue line)

Read also: “Stock indices of America: Canada, Mexico and Brazil”

Hanzenko Anton

Earn with the help of the trade service on the news Erste News!

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