Economic Indicator USD: Chicago PMI at 8:15 PM


USD: Chicago PMI at 8:15 PM

economic updates

Measures: Level of a diffusion index based on surveyed purchasing managers in the Chicago area

Released monthly, on the last business day of the current month

Next Release Date: Jan 31, 2023

Data is given to MNI subscribers 3 minutes before the public release time listed on the calendar –
early market reaction is usually a result of trades made by these subscribers.
Above 50.0 indicates expansion, below indicates contraction

It’s a leading indicator of economic health – businesses react quickly to market conditions,
and their purchasing managers hold perhaps the most current and relevant insight into the company’s view of the economy

Forecast- [ 40.1 ]
Previous- [ 37.2 ]
Actual- ?

Impact: The forecast figure seems to be positive for base metals and the dollar while negative for bullions.

The actual figure to released at 8:15 PM

Source: Forex Factory

For more economic updates stay tuned with us!!