FX & CFD trading involves significant risk
Markit Economics released its preliminary manufacturing purchasing managers' index (PMI) for the U.S. on Friday. The U.S. preliminary manufacturing purchasing managers' index (PMI) fell to 53.7 in January from 53.9 in December, missing expectations for a rise to 54.1.
A reading above 50 indicates expansion in economic activity.
The decline was driven by slower new business growth.
The Markit Chief Economist Chris Williamson said that the pace of expansion is slowing.
|remaining time till the new event being published|
All posted material is a marketing communication solely for informational purposes and reliance on this may lead to loss. Past performance is not a reliable indicator of future results. Please read our full disclaimer.