Open Demo Account
Home / Market Update / U.S. Manufacturing PMI Jumps to 62.6 in June

U.S. Manufacturing PMI Jumps to 62.6 in June

Adel 23 June, 2021 5:54 pm Market Update

The IHS Markit’s Manufacturing PMI for the US rose to 62.6 in June from 62.1 in May to a record high.

This reading came in better than the market forecast of 61.4 and revaled that the business activity in the manufacturing sector continued to expand at an unprecedented pace.

Tags

Check Also

Rising U.S. Inflation Expectations Shake EUR/USD as Central Bank Decisions Loom

The EUR/USD currency pair is facing a notable decline as the U.S. dollar strengthens following …

This site contains information and opinions for the purpose of providing only general information and can not be relied upon. The information and opinions contained in this Site shall in no way constitute an offer or solicitation to buy, sell or subscribe to any investment product. Users of this site shall bear any risks arising from the use of any information, opinion, program, service or material. Noor Trends reserves the right to make any change to the Site, the information, opinions, materials, products, programs, services or prices (if any) at any time without notice.
All copyrights reserved Noor Trends