US ISM Manufacturing PMI inched higher to 49.0 in June from 48.5, marking its fourth straight month in contraction territory but beating expectations of 48.8. While the slight improvement hints at stabilization, the broader picture remains soft. Notably, employment deteriorated further, falling to from 46.8 to 45.0, the fifth consecutive month of contraction. The prices […]
The post US ISM manufacturing rises to 49.0, fourth month of contraction appeared first on Action Forex.
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