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Chicago ISM manufacturing index declines led by weaker new orders

FXStreet (London) - The ISM-Chicago business barometer index decreased to 60.8 in November, down from 66.2 in October and lower than the consensus estimate for a decline to 63 after October's one-year high.

The report highlighted a slowdown in business expansion as well as a slowing in the rate of growth in orders, factory employment and production. The biggest decline came from new orders which decreased by 11.7 points to 61.9 in November having increased sharply to a one year high in October. Overall orders remain firm and barring a sharp fall in December are likely to record firmer growth in Q4 than Q3.

Natural gas futures trade above 200-DMA ahead of weekly storage data

Natural gas futures opened well above the 200-DMA located at USD 4.2837 ahead of the weekly storage report from the Energy Information Agency (EIA).
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United States Reuters/Michigan Consumer Sentiment Index below forecasts (90) in November: Actual (88.8)

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