02 /September Happy day to all we are going to analyze the news(9 am Colombia time)USD PMI of manufacturing ISM.
Level of a diffusion index based on purchasing managers surveyed in the manufacturing industry.
Why the traders
Care? It is a leading indicator of economic health: companies react quickly to market conditions and their purchasing managers perhaps have the most current and relevant view of the company's economy, the survey of about 300 purchasing managers in which respondents are asked to rate the relative level of business conditions, including employment, production, new orders, prices, supplier deliveries, and inventories;
Also called ISM Report on Business in the manufacturing sector;.
Effect: it is good for the currency.
The other news is of less impact on the market as market analysis can give a good rise.