ISM's Holcomb says most data was collected before Brexit vote

1 July 2016, 18:18
Sherif Hasan
0
88

ISM factory survey chairman Holcombe in presser a few moments ago 1 July

  • mftg on a good trend ,not robust
  • will have to wait and see about Brexit
  • UK is relatively small US trading partner
  • ISM to release Brexit results at 11.00 NY time ( any time now)
  • levelling of off USD is stabilizing exports

I really have to go now . Oh look, the pound's falling again.  Rinse n repeat.

Have a great week-end everyone and good trading next week.


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