South Korea’s won fell the most in
more than a week after a U.S. manufacturing gauge rose to the
highest level since 2011, bolstering the case for the Federal
Reserve to rein in stimulus. Government bonds were steady.
Hickey and Walters (Bespoke) submit:
The monthly release of the ISM Manufacturing report is starting to resemble a broken record. While economists were forecasting this morning's report for November to come in at a level of 55.1, the actual...
The Institute for Supply Management (ISM) has reported that November was yet another gain for its reading on manufacturing. The index rose to 57.3% in the November Manufacturing ISM Report on Business, versus 56.4% the prior month and a consensus...