US Flash PMIs Expected to Show Steady Expansion in June

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โดย FXStreet·Read original
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S&P Global's June flash PMIs for the United States are forecast to confirm steady economic expansion when released on Tuesday. The Services PMI is expected to rise to 51 from 50.7 in May, while the Manufacturing PMI is seen edging down to 54.7 from 55.1. The Composite PMI, which combines both sectors, stood at 51.5 in May. The data arrives after the Federal Reserve's recent policy meeting, where Chair Kevin Warsh reduced forward guidance, shifting market focus to hard data. Stronger-than-expected figures could boost the US Dollar, while weaker prints may trigger a near-term slide, with inflation sub-components also in focus for rate hike speculation.

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