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US ISM Manufacturing Weakens in April.......>

US DATA
US DATA: US ISM Manufacturing Weakens in April
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- PMI 52.8 APR VS Bbg Cons 55.0 ; MNI Median 55.3
- PRICES PAID INDEX 50.0 APR VS 54.3 MAR (NSA)
- NEW ORDERS INDEX 51.7 APR VS 57.4 MAR
- EMPLOYMENT INDEX 52.4 APR VS 57.5 MAR
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- Apr ISM Manuf PMI slowdown led by New Orders, Employment and Production.
- Biggest monthly decline in PMI in 2019, hits the lowest level since Oct 2016.
- New Orders weakest since Dec 2018, down 16.2% year-on-year.
- Employment softens 3rd time in first 4 months of year; offsets Mar rebound.
- Prices component dips to neutral level after March bounce-back.
- Production weakest since Aug '16 when in contraction territory(49.6).

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