Forex | Forex | US: ISM preview, August (31/08/2009 16:15:53)

US: ISM preview, August

• Last month ISM surprised on the upside with a strong reading of 48.9 up from June’s reading of 44.8. The improvement in the overall index was driven by the solid increases in the sub components such as New Orders and Production, while the Inventory index remained low. • Most of the local indices have this month shown increases in the overall indices. Furthermore the sub components Production, New Orders and Employment rose in almost all local indices. The price indices have increased


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