The Australian dollar has opened firmer despite some positive US manufacturing activity data. At 6.30am AEST the local unit was trading at 92.36 US cents, up from 91.99 cents at yesterday’s local close. The currency regained ...
The Institute for Supply Management's (ISM) Purchasing Managers' Index (PMI) registered 50.7 percent, a decrease of 0.6 percentage point from March's reading of 51.3 percent, but still indicating expansion in manufacturing for the fifth ...
Tags: US Manufacturing Activity, Mineral
US manufacturing activity continues to grow steadily, buoyed by an increase in new orders and blue collar employment. The Institute for Supply Management index of manufacturing activity rose to 53.1 in January from 50.2 in December. ...
Tags: US Manufacturing, manufacturing activity, blue collar employment
China's lackluster manufacturing sector will continue to struggle in the second half of the year, a newly released government report said, threatening to deprive the world's biggest manufacturing hub of a growth driver. The sector will ...
Tags: market view, machine