ISM Non-Manufacturing PMI (Jan) 57.3........>

US DATA: ISM Non-Manufacturing PMI (Jan) 57.3

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- ISM Non-Mfg index rose to 57.3 in Feb, in contrast to mkts projecting a

downtick (Bbg: 55.0) 

- Among the main four indicators, Business Activity saw the only drop, while New

Orders revealed the largest gain, followed by Employment and Supplier Deliveries

- Among the remaining indices Prices (-4.7pt to 50.8) and Imports (-2.5pt to

52.6) fell on a monthly basis, with Prices falling to the lowest since May 2017.

- Order Backlogs saw the biggest rise (+7.7pt to 53.2), followed by Inventories

(+7.4pt to 53.9), Exports (+5.5pt to 55.6) and Inventory Sent. (+4.4pt to 59.3)

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- US ISM NON-MFG COMPOSITE INDEX 57.3 FEB VS 55.5 JAN 

- US ISM NON-MFG BUSINESS INDEX 57.8 FEB VS 60.9 JAN 

- US ISM NON-MFG EMPLOYMENT INDEX 55.6 FEB VS 53.1 JAN 

- US ISM NON-MFG NEW ORDERS 63.1 FEB VS 56.2 JAN 

- US ISM NON-MFG SUPPLIER DELIVERIES 52.4 FEB VS 51.7 JAN (NSA)