US: ISM Non-Manufacturing PMI falls to 53.1 in April

FXstreet.com (Barcelona) - The non-manufacturing PMI by ISM fell from 54.5 to 53.1 in April, disappointing investors that were expecting a figure around 54.0.

May 3, 2013

American equity markets barrel higher on US payrolls

The US stock surged Friday after upbeat US economic data. In the United States, Nonfarm Payrolls (April) came in at 165K, vs. a projection of 145K, and compared to 88K previously. In addition, the Unemployment Rate (April) came in at 7.5%, against expectations of 7.6%.

US: Factory Orders fall -4.0% in March

Market consensus was already suggesting a contraction, but by -2.6% in March, not what actual Factory Orders data showed: -4.0%. Also, the February figure was revised lower, from -3.0% to -1.9%.