Analysts at Nomura point out that in the US, the Chicago PMI for October came in at 58.4, below expectations (Nomura and Consensus: 60), down from 60.4 in September. Key Quotes “Despite some easing, the index remains at an elevated level and suggests continued expansion. Note that we expect some moderation in the ISM manufacturing index.” “The production index increased in October, suggesting improvement in output. However, the new orders and order backlogs indices eased somewhat and indicate some downside risk to production ahead.” “The employment index improved further, signaling elevated hiring activity. The prices paid index fell notably in October and points to easing of input cost pressure.” FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next GBP/USD’s launch into 1.2850 may be premature with BoE in the barrel FX Street 4 years Analysts at Nomura point out that in the US, the Chicago PMI for October came in at 58.4, below expectations (Nomura and Consensus: 60), down from 60.4 in September. Key Quotes "Despite some easing, the index remains at an elevated level and suggests continued expansion. Note that we expect some moderation in the ISM manufacturing index." "The production index increased in October, suggesting improvement in output. However, the new orders and order backlogs indices eased somewhat and indicate some downside risk to production ahead." "The employment index improved further, signaling elevated hiring activity. The prices paid index fell notably in… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
