ISM Manufacturing Employment index reduced from 51.1 in May to 49.3 in June, compared to expert agreement of 50.0, while New Orders index increased from 45.4 to 49.3.
The Institute for Supply Management commented: “Demand stays controlled, as business show an objection to invest in capital and stock due to present financial policy and other conditions.”
Today, traders likewise had a possibility to take a appearance at the last reading of S&P Global Manufacturing PMI report. The report revealed that S&P Global Manufacturing PMI increased from 51.3 in May to 51.6 in June, compared to expert projection of 51.7.
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