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Yesterday, S&P Global reported its Purchasing Managers’ Index (PMI) values for the US, which exceeded expectations. According to ForexFactory: → Manufacturing PMI: actual = 50.9; expected = 50.0; previous = 50.0. → Services PMI: actual = 54.8 (the highest value since May 2023); expected = 51.2; previous = 51.3. However, the high PMI values, indicating […]

The post S&P 500 Analysis: Good News is Bad News appeared first on Action Forex.

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17/06/2024

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