“The seasonally adjusted IHS Markit final U.S. Manufacturing Purchasing Managers’ Index (PMI) registered 56.4 in May, down fractionally from 56.5 in April,” Markit Economics reported on Friday. Key takeaways The reading marked the second strongest improvement in the health of the sector since September 2014. Factory output continued to increase at a robust pace in May, despite the rate of growth softening slightly. Reflective of stronger demand conditions, new orders increased sharply in May. Firms added to their payrolls again, with the rate of job creation picking up slightly during the month though failing to match the highs seen earlier in the year. Meanwhile, price pressures remained elevated. 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 USD/CAD neutral, within 1.2820-1.3050 near term – Scotiabank FX Street 5 years "The seasonally adjusted IHS Markit final U.S. Manufacturing Purchasing Managers' Index (PMI) registered 56.4 in May, down fractionally from 56.5 in April," Markit Economics reported on Friday. Key takeaways The reading marked the second strongest improvement in the health of the sector since September 2014. Factory output continued to increase at a robust pace in May, despite the rate of growth softening slightly. Reflective of stronger demand conditions, new orders increased sharply in May. Firms added to their payrolls again, with the rate of job creation picking up slightly during the month though failing to match the highs… 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.
