Important news on Monday 03/02/25

The ISM Manufacturing PMI (Purchasing Managers’ Index) is a key economic indicator that measures the health of the manufacturing sector in the U.S.

📊 Latest Data:

• Forecast: 49.3

• Previous: 49.3

🔎 What to Watch:

• A reading above 50 indicates expansion in the manufacturing sector.

• A reading below 50 suggests contraction.

• If the actual result is higher than forecast, it may boost USD strength. If lower, it could weaken the USD.

Stay tuned for the actual release and its potential market impact!

#ISM #EconomicData