🇺🇸 Inflation signal for the market?
🔴 ISM Manufacturing Price Index
📊 Actual: 54.9
📈 Forecast: 52.6
📉 Previous: 52.5
💡 What does it mean?
The rise in the index shows that business managers are recording higher production costs. This could be an early signal of increasing inflationary pressures, which will increase the likelihood that the Fed will maintain tight monetary policy.
⚠️ Market impact:
📉 Short-term: negative for risky assets (cryptocurrencies and stocks).
💵 The dollar may strengthen on expectations of a tighter Fed policy.
📊 Bond yields may rise.
👉 Usually, such surveys do not have a significant impact, but today the situation may be different. Let's watch the market reaction!
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