Latest ISM manufacturing PMI for March 2016

  • Employment 48.1 vs 49.5 exp. Prior 48.5
  • Prices paid 51.5 vs 42.0 exp. Prior 38.5
  • New orders 58.3 vs 51.5 prior

The only downside is the employment number at first look. Very strong on the new orders. Exports up nicely too.

While they may be selective, the comments are also very positive.

Respondent comments

The ISM turd polisher will be beaming after this report

The buck has founf it's feet and USDJPY has pushed to 112.28 while EURUSD has broken support at 1.1370 to hit 1.1347. Cable is just getting creamed as it drops to 1.4173

US ISM manufacturing PMI