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-gas
March 3, 2021

European gas prices mixed yesterday

With unchanged fundamentals (temperatures are expected to drop gradually, falling briefly below normal during the weekend), European spot gas prices were mixed yesterday. The trend…
ES-economy
November 29, 2021

Omicron storms the markets

A wave of panic swept through the financial markets on Friday in a context of low liquidity. The announcement of the emergence of a new variant,…
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]