ISM Manufacturing Report October

After China gives us a snapshot on the health of their manufacturing sector we will see the US do the same with the release of the ISM Manufacturing Index which is expected to point to continued expansion, but at a slower pace.

Watch out for new orders as well as prices paid as it could gauge future economic output and therefore influence the USD. A worse than expected figure could lead to a continued USD sell-off, but in either case be prepared for an increase in volatility after the report is released.