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Heightened Expectations For Sep ISM Manufacturing Release

US DATA

The Sep Manufacturing ISM is out at 1000ET/1500BST - median seen by BBG survey at 56.5, vs 56.0 prior. Worth noting though that may understate expectations going into the release, given that all 9 of the survey entries since yesterday are over the 56.5 median (Sep 30 and Oct 1 survey median = 57.2). Expectations have potentially been boosted by the big beat in MNI Chicago PMI on Wednesday (62.4 v 52.0 survey).

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