Aug Chicago PMI 54.4 vs 54.5 expected via ForexLive

Details of the August Chicago PMI: - was 54.7 - 3-month rolling avg 52.8 - 3 components rose - Production and new orders eased off - Inventories rose to the highest since Nov 2014 This was leaked out a couple minutes early. Earlier rumors of a soft reading were unfounded and this bodes well for tomorrow's ISM report.