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ISM non manufacturing PMI for August 55.4 versus 54.2 estimate. Stronger than expectations

Forexlive Sentiment: Neutral
Nonmanufacturing PMI prior month 54.1Nonmanufacturing PMI for August 55.4 versus 54.2 estimatenonmanufacturing business activity 61.7 versus 59.1 last monthEmployment index 47.8 versus 47.4 last monthNew orders index 60.9 versus 57 42 last monthPrices paid 72.6 versus 70.3 last monthThe US ISM nonmanufacturing PMI rose to 55.4 in August from 54.1 last month, comfortably above the 54.2 estimate.

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