USD: ISM Manufacturing PMI at 7:30 PM
Measures: Level of a diffusion index based on surveyed purchasing managers in the manufacturing industry
Released monthly, on the first business day after the month ends
Next Release Date Sep 1, 2022
Above 50.0 indicates industry 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- [52.3]
Previous- [53.0]
Actual- ?
Impact- The forecast figure seems to be negative for base metals and the dollar while positive for bullions. The actual figure to release at 7:30 PM