ISM Non-Manufacturing PMI

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december, 2019

04dec3:00 pm3:00 pmISM Non-Manufacturing PMIIMPACT: ALL MAJOR PAIRS & USD RELATED INSTRUMENTS3:00 pm - 3:00 pm UTC Event Type :Medium Impact Time has ran out! Better luck next time!

Event Details

What is this event?

It’s a leading indicator of economic health – businesses react quickly to market conditions, and their purchasing managers hold perhaps the most current and relevant insight into the company’s view of the economy.

Measures

Level of a diffusion index based on surveyed purchasing managers, excluding the manufacturing industry. Survey of about 400 purchasing managers which asks respondents to rate the relative level of business conditions including employment, production, new orders, prices, supplier deliveries, and inventories

Effect on Currency

‘Actual’ greater than ‘Forecast’ is good for currency.

Frequency of event

Released monthly, on the third business day after the month ends.

Source of Data

Institute for Supply Management (latest release)

Time

(Wednesday) 3:00 pm - 3:00 pm

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