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Rabu, 01 Juni 2016

Soft orders a worry in the ISM manufacturing report

BNP Paribas unimpressed

Economists at BNP warn not to bite on the ISM manufacturing report. "Headline head fake, details weak," they say. 

BNP notes that the headline was driven higher but the 5-point jump in supplier delivers but that all the orders components were softer.





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