Notice: Function _load_textdomain_just_in_time was called incorrectly. Translation loading for the rocket domain was triggered too early. This is usually an indicator for some code in the plugin or theme running too early. Translations should be loaded at the init action or later. Please see Debugging in WordPress for more information. (This message was added in version 6.7.0.) in /home/befikry/energyscan.befikry.com/wp-includes/functions.php on line 6121
The manufacturing ISM points to strong growth… and inflation – EnergyScan

The manufacturing ISM points to strong growth… and inflation

  • Macro-economy

Markets are hesitant. It is a case of the glass being half full or half empty. The manufacturing ISM, the main US leading indicator, was high and up in May, but details of the reports were worrying about inflation. The Fed’s Beige Book will be closely watched today. The euro area inflation rate also reached 2% for the first time since 2018. The EUR/USD exchange rate remained stable, just above 1.22.

manufacturing ism delivering time
Share this news :

You might also read :

ES-economy
January 28, 2022

Confusion and volatility

The markets are very volatile after Jerome Powell’s statements. They are now expecting almost five 25bp hikes in the fed funds rate by the end…
ES-gas
March 22, 2022

Prices down on improving stock levels

European gas prices weakened yesterday, pressured by improving spot fundamentals, as shown by storages that have switched to net injection mode for the European Union…
Join EnergyScan

Get more analysis and data with our Premium subscription

Ask for a free trial here

START A FREE TRIAL
Subscribe to our newsletter
LOG IN

Don’t have an account yet? 

Sign up here!
[booked-calendar]