Highlights of the May Chicago PMI manufacturing survey:
- Prior reading was 63.0
- Highest since October
About 5 minutes before the release there were rumors of a number above 65.0. USD/JPY rallied on that chatter.
The leaking on this report has got out of hand. The U Mich consumer sentiment numbers are due in a few minutes and that report is just as bad.
Chicago PMI
The US dollar is getting a lift after the data.
