Core Viewpoint - The ISM Manufacturing PMI for April in the United States is reported at 48.7, which is below the expected 48 and the previous value of 49, indicating a contraction in the manufacturing sector [1] Summary by Relevant Categories Economic Indicators - The ISM Manufacturing PMI decreased to 48.7 in April, down from 49 in the previous month, suggesting a decline in manufacturing activity [1] - The actual PMI figure of 48.7 is lower than the market expectation of 48, reflecting weaker performance in the manufacturing sector [1]

Group 1 - The ISM Manufacturing PMI for April and the March construction spending month-on-month rate are set to be released shortly [1]