Economic Data Summary - The ISM manufacturing PMI for September shows a headline reading of 49.1%, indicating contraction and the lowest level since March [1] - Prices paid index decreased to 61.9%, down from 63.7%, marking the second lightest number of the year [2] - New orders index fell to 48.9%, below expectations and lower than the previous month's 51.4%, the weakest since July [2] - Employment index recorded at 45.3%, better than the previous month's 43.8%, but still in contraction territory [3][4] - The employment index is the highest since May when it was 46.8% [4] - Interest rates are declining significantly due to weak ADP data, with expectations of a delayed jobs report [4]

Neils ChristensenNeils Christensen has a diploma in journalism from Lethbridge College and has more than a decade of reporting experience working for news organizations throughout Canada. His experiences include covering territorial and federal politics in Nunavut, Canada. He has worked exclusively within the financial sector since 2007, when he started with the Canadian Economic Press. Neils can be contacted at: 1 866 925 4826 ext. 1526 nchristensen at kitco.com @Neils_cShareDisclaimer: The views expressed ...