United States ISM Non-Manufacturing PMI below forecasts (57) in April: Actual (55.5)

May 3, 2019

USD/JPY hammered down to session lows, further below mid-111.00s amid declining US bond yields

• Softer US wage growth data triggers a sharp intraday slide in the US bond yields. • The USD witnesses a modest pullback and further collaborates to

US: ISM Non-Manufacturing PMI edges down to 55.5 vs 57 expected

The Institute for Supply Management's Non-Manufacturing PMI fell to 55.5 in April from 56.1 in March and fell short of the market expectation of 57. W