The US ISM Manufacturing PMI is the dollar-focused data point of the session, scheduled for release at 14:00 UTC on 1 September. As a timely gauge of factory-sector activity, it draws attention across USD-linked markets.
What the ISM Manufacturing PMI measures
The ISM Manufacturing PMI is a monthly survey of purchasing managers at US factories, covering areas such as new orders, production, employment, supplier deliveries and inventories. A reading above 50 signals expansion in the manufacturing sector, while a figure below 50 points to contraction.
Markets watch it closely because it arrives early in the monthly data cycle, offering one of the first reads on how the manufacturing economy is faring. The forecast stands at 55.2, compared with a previous reading of 55.6. Both figures sit above the 50 threshold, and the survey’s sub-indices are often parsed for detail on demand and price pressures.
How the USD-linked instruments are trading
Across our feed, the day’s moves are led by cryptocurrencies and precious metals rather than the majors.
MATUSD is the biggest mover, down 6.55% to 0.0813. Palladium (XPDUSD) is lower by 4.73% at 1,369.41, while platinum (XPTUSD) is off 2.22% at 1,792.04.
On the upside, ADAUSD is trading 3.07% higher at 0.1981 and ETHUSD is up 2.60% at 2,479.40. LNKUSD adds 2.18% to 11.38.
These levels reflect current trading and are provided as factual context ahead of the release.
The ISM figure is watched as a barometer of US manufacturing momentum and how it compares with the prior month.
Descriptive market news from the ForexBullion Research Team. Not investment advice.
