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1 Jul 2014
ISM expected to improve in June – Danke Bank
FXStreet (Edinburgh) - Jens Pedersen, Analyst at Danske Bank, expect the US ISM manufacturing to slightly improve during June.
Key Quotes
“While ISM manufacturing has recovered a lot from the winter lows, we believe it can improve a bit further in the short term before moderating in Q3”.
“Hence, we expect ISM manufacturing to improve to 55.7 in June from 55.4 in May”.
Key Quotes
“While ISM manufacturing has recovered a lot from the winter lows, we believe it can improve a bit further in the short term before moderating in Q3”.
“Hence, we expect ISM manufacturing to improve to 55.7 in June from 55.4 in May”.