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Euro Area Markit Manufacturing PMI
The Markit Manufacturing Purchasing Manager's Index evaluates the performance of the manufacturing sector in the Euro Area and is based on a survey of 3,000 manufacturing businesses. Germany, France, Italy, Spain, the Netherlands, Austria, the Republic of Ireland, and Greece all have national data collected. Estimates suggest that these countries account for 90% of all manufacturing activity in the Eurozone. A total of five distinct indexes are used to calculate the Manufacturing Purchasing Managers Index, which is weighted according to the following parameters: New Orders (30%), Output (25%), Employment (20%), Supplier's Delivery Times (15%), and Stock of Items Purchased (10%), with the Delivery Times index reversed so that it moves in the same direction as the other indicators. A rating of greater than 50 indicates that the manufacturing sector has expanded in the preceding month, a reading of less than 50 suggests contraction, and a reading of 50 shows no change.
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 |
|
|
1.0925 -448 pips |
1.1269 +104 pips |
1.13731 | |
| EURAUD |
|
|
1.7007 -826 pips |
1.7895 -62 pips |
1.78335 | |
| EURJPY |
|
|
155.4762 -639 pips |
163.4423 -157 pips |
161.869 | |
| EURCAD |
|
|
1.5257 -493 pips |
1.5683 +67 pips |
1.57503 | |
| EURCHF |
|
|
0.9340 +38 pips |
0.9551 -249 pips |
0.93018 | |
| EURCZK |
|
|
0 -250352 pips |
24.9887 +465 pips |
25.03522 | |
| EURGBP |
|
|
0.8493 -74 pips |
0.8592 -25 pips |
0.85668 | |
| EURHUF |
|
|
397.5650 -1077 pips |
405.7321 +260 pips |
408.33 | |
| EURNOK |
|
|
11.3252 -5929 pips |
11.9702 -521 pips |
11.9181 | |
| EURNZD |
|
|
1.8458 -704 pips |
1.9320 -158 pips |
1.91615 |
News (EUR)
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