Markit Manufacturing PMI

Date Time Left   Event Impact Previous Consensus Actual
Oct 24, 07:30  Markit Manufacturing PMI 54.3 54.2 55.10

Markit Manufacturing PMI

The Manufacturing Purchasing Managers Index (PMI) released by the Markit economics captures business conditions in the manufacturing sector. As the manufacturing sector dominates a large part of total GDP, the manufacturing PMI is an important indicator of business conditions and the overall economic condition in Germany. Normally, a result above 50 signals is bullish for the EUR, whereas a result below 50 is seen as bearish.

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