05 April 2017
ISM Non-Manufacturing Index along with ISM Manufacturing Index is one of the most important and reliable economic growth indicators. Index data is published monthly and the nearest data report is scheduled on April 5th at 2 p.m. GMT.
The leading FreshForex analyst Catherine Main commented on the oncoming report as follows:
“ISM Index report may turn out better than consensus forecast, as volume of orders in US non-manufacturing sector has increased. This is a leading GDP indicator that has a great influence on market. Decrease in EUR/USD, GBP/USD quotes and increase in USD/TRY quotes may be expected.”
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