The ISM Non-Manufacturing Index released by the Institute for Supply Management (ISM) shows business conditions in the US non-manufacturing sector. It is worth noting that the non-manufacturing sector does not influence, either positively or negatively, the GDP as much as the ISM Manufacturing does.
A result above 50 is positive (or bullish) for the USD.
Volatility: 2/3
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Topic of The Day: US ADP Employment Change
For your information:
US ADP EMPLOYMENT CHANGE is The Employment Change released by the Automatic Data Processing, Inc is a measure of the change in the number of employed people in the US Generally speaking, a rise in this indicator has positive implications for consumer spending which stimulates economic growth.
Therefore, a high reading is seen as positive, or bullish for the USD, while a low reading is seen as negative, or bearish.
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US ADP EMPLOYMENT CHANGE is The Employment Change released by the Automatic Data Processing, Inc is a measure of the change in the number of employed people in the US Generally speaking, a rise in this indicator has positive implications for consumer spending which stimulates economic growth.
Therefore, a high reading is seen as positive, or bullish for the USD, while a low reading is seen as negative, or bearish.
Sent from my BlackBerry®
powered by Sinyal Kuat INDOSAT
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