Sentiment Lifted by Strong ISM Manufacturing Index

Wall Street recovered from early losses and ended the day largely flat, driven by better-than-expected US ISM manufacturing index. However, US dollar retreated, especially against antipodean currencies. AUDUSD and NZDUSD rose +0.86% and +0.4% respectively on encouraging macroeconomic data. Australian GDD expanded +1.1% q/q, The fastest pace since March 2012, in 1Q16.

from Oil N' Gold Focus http://www.oilngold.com/ong-focus/insights/sentiment-lifted-by-strong-ism-manufacturing-index-2016060233027/