The US ISM Manufacturing PMI posted an impressive 52.6, far exceeding market expectations of 48.5.
According to official data from the Institute for Supply Management (ISM), the US manufacturing sector is clearly rebounding. PMI, as a key indicator of manufacturing activity, has a neutral point at 50—values above 50 indicate expansion, while those below suggest contraction. The unexpected rise in the US PMI suggests that purchasing managers are more confident about future production prospects, reflecting an acceleration in supply-side activity.
Such macroeconomic data often influence market liquidity expectations. When the US manufacturing sector improves, it usually coincides with increased economic optimism, which can boost risk asset performance. As part of risk assets, the crypto market is often more sensitive to such positive signals.
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The US ISM Manufacturing PMI posted an impressive 52.6, far exceeding market expectations of 48.5.
According to official data from the Institute for Supply Management (ISM), the US manufacturing sector is clearly rebounding. PMI, as a key indicator of manufacturing activity, has a neutral point at 50—values above 50 indicate expansion, while those below suggest contraction. The unexpected rise in the US PMI suggests that purchasing managers are more confident about future production prospects, reflecting an acceleration in supply-side activity.
Such macroeconomic data often influence market liquidity expectations. When the US manufacturing sector improves, it usually coincides with increased economic optimism, which can boost risk asset performance. As part of risk assets, the crypto market is often more sensitive to such positive signals.