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ISM Manufacturing PMI

US ISM Manufacturing PMI 09/01/09

by Henry Liu on August 31, 2009

10:00am (NY Time) US ISM Manufacturing PMI   Forecast 50.6   Previous 48.9
ACTION: USD/JPY                                    BUY 53.0             SELL 48.0

The ISM PMI releases are highly regarded by traders and investors alike since they have been proven throughout the years to be extremely accurate and as a first look and leading indicator over the Manufacturing sector in the economy, this will be the first release in over a year to be over the medium 50 figure.


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