{
  "id": 122889,
  "title": "US Dollar: Solid manufacturing and JOLTs in focus – Danske Bank",
  "url": "https://urgent.news/2026/08/04/us-dollar-solid-manufacturing-and-jolts-in-focus-danske-bank",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-08-04T08:37:19.000Z",
  "source": {
    "name": "FXStreet",
    "slug": "fxstreet",
    "url": "https://www.fxstreet.com/news/us-dollar-solid-manufacturing-and-jolts-in-focus-danske-bank-202608040837"
  },
  "original_language": "en",
  "account": "Danske Bank's research team has identified robust cyclical indicators in the United States, with the ISM manufacturing index for July rising to 55.6, surpassing forecasts and June's figure. The new orders, employment, and production sectors all showed enhancements, while prices experienced a mild reduction. The team further emphasizes the June JOLTs report, indicating that heightened job openings typically signify escalating wages. Fed guidance on inflation and potential rate increases was also noted. In July, the ISM manufacturing activity index for the US was reported at 55.6, exceeding the expected 54.0 and up from 53.3 in June. New orders and particularly employment showed positive growth, while the prices index slightly decreased. The production index experienced a significant surge to 58.5, marking its strongest reading since November 2021. The order-inventory balance also improved, suggesting a continued demand for enhanced output. The US cyclical data appears to be robust at present. The most noteworthy data release on Monday will be the June JOLTs report, where job openings have risen moderately this year, often predicting upward wage pressures. Additionally, the June trade balance data will be disclosed later in the day, with a preliminary reading indicating a stable trade deficit for May. The Fed's Schmid, a non-voting, hawkish member, will share his thoughts on the issue overnight. Fed Governor Williams expressed expectations that inflation will gradually decline and reach the 2% target by 2028, provided that energy prices and tariffs peak. He characterized the Fed's policy as \"well-positioned\" but stressed that rate hikes would be implemented if inflation does not decelerate as anticipated.",
  "summary": "Danske Research Team underscores strong United States (US) cyclical signals, with the ISM manufacturing index rising to 55.6 in July, beating expectations and June’s reading. New orders, employment and production all improved, while prices moderated.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 2,
    "also_reported_by": [
      {
        "outlet": "FXStreet",
        "title": "Equities: Cyclical rotation extends as tech recovers – Danske Bank",
        "url": "https://urgent.news/2026/08/04/equities-cyclical-rotation-extends-as-tech-recovers-danske-bank",
        "published": "2026-08-04T06:45:22.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}