US ISM Manufacturing PMI (Mar) 52.7 vs. Exp. 52.3 (Prev. 52.4, Low. 50.6, High. 53.5)
The ISM Manufacturing PMI for March came in at 52.7, slightly above consensus expectations of 52.3 and a modest improvement from the previous month’s 52.4.
Newsquawk European Market Wrap - 1st April 2026
Iran would welcome Russia as a mediator, Tass reports, citing an Iranian envoy
US ISM Manufacturing PMI (Mar) 52.7 vs. Exp. 52.3 (Prev. 52.4, Low. 50.6, High. 53.5)
US S&P Global Manufacturing PMI Final (Mar) 52.3 vs. Exp. 52.4 (Prev. 51.6)
Iran says Strait of Hormuz won't reopen based on Trump's 'absurd' display and only Iran and Oman will decide the future of the Strait of Hormuz
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This beat could indicate a continued expansion in the manufacturing sector, which may have positive implications for growth and could factor into future monetary policy considerations, especially regarding rates.
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