Manufacturing PMI – 1/10
- Donald Herison
- English
- ANNOUNCEMENTS
- Hits: 48375
What is it? It checks the level of an index based on questioning purchasing managers in the manufacturing industry.
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.
Usual Effect: If the actual number is bigger than the forecast, you can expect the GBP to rise.
When? Today (1.10) at 4:30am Eastern Time.
Trading Tip: It's a good time to trade the GBP as it will be affected by this announcements.
Talk to us to get get FREE signals and start earning now:
Other top stories:
4 Investing Secrets of the Rich
The Euro Dropped to a 2 Year Low
Announcements Makes Today Good for Trading
Follow us and SHARE this story on Facebook/Twitter: