Analysts at Nomura expect the US ISM manufacturing index to rise to 58.0 in May (Consensus: 58.2), from 57.3 in April. Key Quotes “The Empire State and Philly Fed surveys indicate solid activity in May, while concerns over US trade policies likely weighed on forward-looking measures. Overall, the strength was broad-based across measures of current business activity and demand, which suggests a strong May ISM manufacturing report.” “Construction spending: Construction spending fell 1.7% m-o-m in March, partly driven by a sharp 8.0% decline in private residential improvement spending. However, private residential construction spending overall was weak as both single- and multi-family construction spending declined. Construction spending in April could rebound given idiosyncratic declines in home improvement spending.” 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 EUR/USD unlikely to stay calm for too long Yohay Elam 5 years Analysts at Nomura expect the US ISM manufacturing index to rise to 58.0 in May (Consensus: 58.2), from 57.3 in April. Key Quotes "The Empire State and Philly Fed surveys indicate solid activity in May, while concerns over US trade policies likely weighed on forward-looking measures. Overall, the strength was broad-based across measures of current business activity and demand, which suggests a strong May ISM manufacturing report." "Construction spending: Construction spending fell 1.7% m-o-m in March, partly driven by a sharp 8.0% decline in private residential improvement spending. However, private residential construction spending overall was weak as both single- and… 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.
