Austria Industrial Production YoY
The output of firms that are incorporated into the industrial sector of the economy is measured in Austria by industrial production. Machinery and equipment account for 9% of total manufacturing production, with basic metals accounting for 6%, food products accounting for 6%, motor vehicles, trailers, and semi-trailers accounting for 6%, fabricated metal products other than machinery and equipment accounting for 6%, and electrical equipment accounting for 5%, are the most important sectors in manufacturing. The remaining goes for electricity, gas, steam, and air conditioning supply account for 15% of total output, followed by construction (13%), water supply, sewerage, and waste management (2%), and mining and quarrying (1%).
A higher than expected figure should be seen as positive (bullish) for the EUR while a lower than expected figure should be seen as negative (bearish) for the EUR.
Forex Sentiment (EUR)
| Symbol | Community Trend (Shorts vs Longs) | Symbol Popularity | Avg. Short Price / Distance From Price | Avg. Long Price / Distance From Price | Current Price | |
|---|---|---|---|---|---|---|
| EURUSD |
|
|
1.0720 -48 pips |
1.0843 -75 pips |
1.07676 | |
| EURAUD |
|
|
1.6213 -54 pips |
1.6370 -103 pips |
1.62667 | |
| EURJPY |
|
|
158.9461 -654 pips |
165.3524 +14 pips |
165.488 | |
| EURCAD |
|
|
1.4643 -87 pips |
1.4739 -9 pips |
1.47301 | |
| EURCHF |
|
|
0.9593 -158 pips |
0.9823 -72 pips |
0.97513 | |
| EURCZK |
|
|
25.3748 +3201 pips |
0 +250547 pips |
25.05470 | |
| EURGBP |
|
|
0.8562 -17 pips |
0.8607 -28 pips |
0.85794 | |
| EURHUF |
|
|
383.9147 -543 pips |
390.8705 -152 pips |
389.35 | |
| EURNOK |
|
|
10.9228 -7686 pips |
0 +116914 pips |
11.6914 | |
| EURNZD |
|
|
1.7777 -147 pips |
1.7986 -62 pips |
1.79240 |
News (EUR)
Eurozone Unemployment Rate Steady At 6.5% For Fifth Month
Euro area jobless rate remained unchanged at a record low for the fifth month in a row in March and the unemployment decreased, while a tight labor market could urge the European Central Bank to remain cautious even as policymakers gear up for an interest rate cut in June. The seasonally adjusted unemployment rate was 6.5 percent in March, which is the same level as in the previous four months.
RTTNews | 2 days ago
European Economics Preview: Eurozone Jobless Data Due
Unemployment figures from the euro area and Spain, and the purchasing managers' survey results for the services sector from the U.K. are the highlights on the economics front on Friday. Eurozone jobless rate is expected to remain steady at 6.5 percent in March. Eurostat is set to release the data at 05:00 am ET.
RTTNews | 3 days ago
Eurozone Exits Recession In Q1
The euro area economy expanded in the first quarter after two consecutive declines as all big four economies exhibited better performance, boosting hopes of a sustained recovery this year. Gross domestic product grew by a faster-than-expected 0.3 percent sequentially following a 0.1 percent fall each in the fourth and third quarters of 2023, preliminary flash estimates from Eurostat showed.
RTTNews | 5 days ago
