The manufacturing ISM points to strong growth… and inflation

  • Macro-economy

Markets are hesitant. It is a case of the glass being half full or half empty. The manufacturing ISM, the main US leading indicator, was high and up in May, but details of the reports were worrying about inflation. The Fed’s Beige Book will be closely watched today. The euro area inflation rate also reached 2% for the first time since 2018. The EUR/USD exchange rate remained stable, just above 1.22.

manufacturing ism delivering time
Share this news :

You might also read :

ES-economy
May 24, 2021

A bit of calm after a hectic week

Volatility has been quite strong on financial markets last week, with the Fed minutes in the middle of the week and huge price variations on…
ES-economy
October 19, 2021

Renewed optimism

ising equities, slightly easing bond yields, falling USD: optimism prevails despite the sharp slowdown in the Chinese economy highlighted yesterday by the Q3 national accounts. Concerns…
Join EnergyScan

Get more analysis and data with our Premium subscription

Ask for a free trial here

START A FREE TRIAL
Subscribe to our newsletter
LOG IN

Don’t have an account yet? 

Sign up here!
[booked-calendar]