The manufacturing ISM points to strong growth… and inflation

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-oil
April 15, 2021

Crude prices rise as US inventories drop

ICE Brent prompt contract jumped to 66.7 $/b, returning close to 5% on a daily basis, on Thursday as US petroleum markets were getting increasingly…
Join EnergyScan

Get more analysis and data with our Premium subscription

Ask for a free trial here

Subscribe to our newsletter

Don’t have an account yet? 

[booked-calendar]