Analysts at Nomura suggest that US manufacturer sentiment in July likely remained elevated, but they forecast that trade concerns and some capacity constraints may have resulted in the ISM manufacturing index retreating 0.8pp to 59.4 from 60.2. Key Quotes “Incoming data on regional manufacturing surveys have been mixed. In addition, part of the increase in the June ISM manufacturing index was related to a sharp gain in the supplier deliveries index.” “Increases in this index are typically related to higher demand but, based on anecdotal evidence from business surveys, we think the increase in June likely reflects increased trade-related disruptions to supply chains.” “We expect this index to remain elevated as trade-related disruptions and supply constraints persist, but we believe that the current level of 68.2 is likely unsustainable.” “Overall, we believe the ISM manufacturing index will remain in healthy territory over the near term as the US growth outlook remains on firm footing.” 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 Binance completes acquisition of Ethereum Trust Wallet: ETH/USD breaks below July lows FX Street 5 years Analysts at Nomura suggest that US manufacturer sentiment in July likely remained elevated, but they forecast that trade concerns and some capacity constraints may have resulted in the ISM manufacturing index retreating 0.8pp to 59.4 from 60.2. Key Quotes "Incoming data on regional manufacturing surveys have been mixed. In addition, part of the increase in the June ISM manufacturing index was related to a sharp gain in the supplier deliveries index." "Increases in this index are typically related to higher demand but, based on anecdotal evidence from business surveys, we think the increase in June likely reflects increased trade-related disruptions… 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.
