US ISM Manufacturing PMI edged up from 52.4 to 52.7 in March, beating expectations of 52.3 and signaling continued expansion in factory activity. The data suggests the sector remains resilient, with the headline reading consistent with an annualized GDP growth pace of around 1.8%. However, the details highlight growing imbalances. Production strengthened from 53.5 to […]
The post ISM Manufacturing Beats Expectations, Price Index Jumps to 2022 High appeared first on ActionForex.
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UK business activity picked up in April, with the Flash PMI Composite rising from 50.3 to 52.0, a two-month high. Services activity rose from 50.5 to 52.0. Manufacturing PMI jumped from 51.0 to 53.6, the Read more…
Eurozone business activity slipped back into contraction in April, with the Flash Composite PMI dropping from 50.7 to 48.6, a 17-month low. The downturn was driven primarily by a sharp deterioration in the services sector, Read more…