Filed Under:  News Trading

ReviewBrokers – News Trading – USA Non-Manufacturing PMI 10:00 AM( NY Time ), March 4, 2020

4th March 2020   ·   0 Comments

The Institute of Supply Management (ISM) Non-Manufacturing Purchasing Managers’ Index (PMI) (also known as the ISM Services PMI) report on Business, a composite index is calculated as an indicator of the overall economic condition for the non-manufacturing sector. The NMI is a composite index based on the diffusion indexes for four of the indicators with equal weights: Business Activity (seasonally adjusted), New Orders (seasonally adjusted), Employment (seasonally adjusted) and Supplier Deliveries.
News Trading – USA Non-Manufacturing PMI
USA Non-Manufacturing PMI –    10:00 AM NY time   (Wednesday, March 4)

Traded pair                 Previous   Forecast     Deviation
USD/JPY                        55.5            54.9                  ±2.5

Buy      USD/JPY      if actual figure is or is below   57.4
Sell      USD/JPY      if actual figure is or is above    52.4

Expected move during first 30 minutes after the release is 50  pips or more.

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