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Message: [QUOTE="MiloPlexyTrade, post: 239960, member: 122944"] [RIGHT][B]3rd January 2025[/B][/RIGHT] [B][/B] [RIGHT][B]Friday[/B] [/RIGHT] [JUSTIFY][B]The United States is set to release its ISM Manufacturing PMI report on Friday, offering key insights into the health of the manufacturing sector. This closely watched economic indicator measures activity and sentiment within the industry, providing valuable data for assessing economic trends and potential growth outlooks.[/B][/JUSTIFY] [CENTER][B][U]USD - ISM Manufacturing PMI[/U][/B][/CENTER] [JUSTIFY]The ISM Manufacturing PMI, derived from a survey of 300 purchasing managers rating business conditions like employment, production, and new orders, serves as a leading economic indicator, with higher-than-forecast results signaling positive currency impacts and reflecting current industry sentiment. The US ISM manufacturing index rose to 48.4 in November from 46.5 in October, surpassing forecasts but remaining in contraction territory for the 25th time in 26 months. New orders climbed above 50 for the first time since March, likely driven by post-election clarity pushing delayed orders through, but production (46.8) and employment (48.1) stayed weak. Inflation eased, with prices paid dropping to 50.3, helped by lower energy costs. Persistent tariff uncertainty continued to hinder planning, with potential supply chain disruptions and foreign reprisals posing risks to exporters. While proposed tax cuts on profits offer some hope, manufacturing activity is likely to remain muted until clearer trade policies are established.[/JUSTIFY] [B]TL;DR[/B] [LIST] [*][B]ISM Manufacturing Index[/B]: Rose to 48.4 in November from 46.5 in October; exceeded forecasts but remained in contraction for the 25th time in 26 months. [*][B]New Orders[/B]: Climbed above 50 for the first time since March, likely due to post-election clarity accelerating delayed orders. [*][B]Production[/B]: Registered at 46.8, indicating continued weakness. [*][B]Employment[/B]: Weak at 48.1, reflecting ongoing challenges in the labor market. [*][B]Prices Paid[/B]: Eased to 50.3, supported by declining energy costs. [*][B]Key Issues[/B]: Persistent tariff uncertainty, supply chain risks, and potential foreign reprisals affecting exporters. [*][B]Outlook[/B]: Manufacturing activity expected to remain subdued until trade policies become clearer, though proposed tax cuts offer some optimism. [/LIST] The [B]ISM Manufacturing PMI[/B] forecast is [B]48.3, [/B]slightly below the previous outcome of [B]48.4.[/B] The next [B]ISM Manufacturing PMI[/B] is set to be released on [B]Friday [/B]at [B]3:00 PM GMT. [ATTACH type="full"]30910[/ATTACH][/B] [/QUOTE]

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