Analysts at TD Securities express their afterthoughts on the upbeat US ISM Manufacturing PMI report released on Monday. Key Quotes: “The ISM manufacturing index surged above participants’ expectations, rising to its highest level since July at 50.9 for January (TD 50.0; consensus 48.5), following 47.8. The gain was led by a whopping 9.5pt jump in the production component to 54.3 as well as a notable 4.4pt increase in new orders to 52.0. The December trade agreement between the US and China likely played a key role behind improving sentiment. We note, however, that coronavirus fears might affect the survey as soon as in February, as a possible growth slowdown in China is likely to impact manufacturing activities.” 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 Asian stocks benefit from risk reset, consolidation in China markets FX Street 2 years Analysts at TD Securities express their afterthoughts on the upbeat US ISM Manufacturing PMI report released on Monday. Key Quotes: “The ISM manufacturing index surged above participants' expectations, rising to its highest level since July at 50.9 for January (TD 50.0; consensus 48.5), following 47.8. The gain was led by a whopping 9.5pt jump in the production component to 54.3 as well as a notable 4.4pt increase in new orders to 52.0. The December trade agreement between the US and China likely played a key role behind improving sentiment. We note, however, that coronavirus fears might affect the survey as… 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.
