US: ISM manufacturing index expected to remain unchanged at 51.3 in June – Danske Bank

Research Team at Danske Bank, suggests that today we get the US ISM manufacturing index for June.

Key Quotes

“Regional indices and the Markit PMI manufacturing index point to a stabilisation in the ISM manufacturing index, while the order-inventory balance points to an increase. We think ISM manufacturing will stay around the current level over the next months and estimate the index was unchanged at 51.3 in June.

In Norway and Sweden manufacturing PMIs will be published today. In Norway, the unemployment rate is due for release.”