US: Construction Spending rose 0.9% in December (MoM)

From a -0.3% contraction in November, construction spending in the US rose 0.9% in December. Actual data beat consensus of 0.6%.

Feb 1, 2013

US: ISM Manufacturing PMI beats consensus, up to 53.1 in January

The ISM manufacturing PMI rose from 50.7 to 53.1 in January, instead of easing to 50.6 as expected. ISM prices paid rose from 55.5 to 56.5, higher than 56.0 consensus.

Forex: EUR/USD briefly dips below 1.3600

Following a phase of hesitation in the wake of a solid US employment report, EUR/USD came under pressure and turned lower, having lost over 80 pips within the last hours amid profit-taking post NFP.