US: ISM Manufacturing PMI falls to 52.1 in May from 52.8 in April

The Institue for Supply Management's (ISM) latest Manufacturing PMI came in at 52.1 in May following April's 52.8 reading and fell short of analysts' estimate of 53.

Developing story...

Jun 3, 2019

United States ISM Manufacturing PMI below expectations (53) in May: Actual (52.1)

USD/JPY stuck in a range below mid-108.00s, moves little post-US ISM PMI

• The US ISM manufacturing PMI falls to the lowest level since October 2016. • The USD continues to be weighed down by a slump in the US bond yields.