US ISM Manufacturing New Orders (Jan) 57.1 (Prev. 47.4, Rev. From 47.7)

Newsquawk Staff · 2 Feb 2026, 15:20 UTC

What it means

The significant rise in the ISM Manufacturing New Orders index from the previous month's reading suggests a strong turnaround in manufacturing demand, moving from a contraction territory to expansion. This could indicate improving economic momentum and may have implications for growth forecasts and potential Fed policy adjustments moving forward.

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US Market Open, 6 Nov, 10:48 UTC · what it led with

APAC stocks were pressured; KOSPI slumped 6% following hefty losses in Samsung and SK Hynix.
USD is firmer against all G10 peers awaiting the US NFP report.

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Australian Employment Change (Jul) -15.8K vs. Exp. 15K (Prev. 76.3K)
AUD/USD−0.3%
"We are interested in the diplomatic track, but without making concessions", Al Arabiya citing an Iranian diplomatic source.
WTI crude+0.8%
"Washington has approved the draft memorandum of understanding that the Qatari delegation presented to Iran yesterday", Al-Araby Al-Jadeed reports citing sources close to the mediation team.
WTI crude−3.6%

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