Markit April 2019 PMI for the US
- Preliminary reading was 52.4
- Final March reading was 52.4
- Employment 52.2 vs 52.2 flash (prior was 53.8)
- Employment index at lowest since June 2017
This adds a small positive bias into the ISM report at the top of the hour. The consensus is for a dip to 55.0 from 55.3. It will take more than a couple ticks to the upside to get the dollar moving ahead of the FOMC.
