US Markit Manufacturing PMI: Slowest rise in production volumes since September 2016

Key points

  • New order growth eases for fifth month running
  • Input prices broadly unchanged in June

IHS Markit final US Manufacturing Purchasing Managers’ Index™ (PMI™) registered 52.0 in June, down from 52.7 during May.

No action on the treasury yield curve! let us wait for the US ISM manufacturing release.

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