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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 |
|
|
1.1217 -490 pips |
1.1615 +92 pips |
1.17066 | |
| EURAUD |
|
|
1.7242 -676 pips |
1.7971 -53 pips |
1.79184 | |
| EURJPY |
|
|
166.2044 -525 pips |
170.5776 +87 pips |
171.451 | |
| EURCAD |
|
|
1.5662 -374 pips |
1.5980 +56 pips |
1.60360 | |
| EURCHF |
|
|
0.9360 +47 pips |
0.9436 -123 pips |
0.93133 | |
| EURCZK |
|
|
24.6901 +365 pips |
0 +246536 pips |
24.65360 | |
| EURGBP |
|
|
0.8538 -81 pips |
0.8615 +4 pips |
0.86187 | |
| EURHUF |
|
|
397.8895 -171 pips |
405.3240 -572 pips |
399.60 | |
| EURNOK |
|
|
11.5192 -2985 pips |
11.8378 -201 pips |
11.8177 | |
| EURNZD |
|
|
1.8910 -622 pips |
1.9478 +54 pips |
1.95322 |
News (EUR)
German Exports Decline As Tariff Treats Damp Demand From US
Germany's exports declined for the second straight month in May due to a sharp fall in demand from the US amid tariff threats, data from Destatis revealed on Tuesday. Exports decreased by more-than-expected 1.4 percent month-on-month in May, following April's 1.6 percent fall. Economists had forecast a 0.2 percent drop. Imports slid 3.8 percent from last month.
RTTNews | 1 day ago
Eurozone Retail Sales Drop For First Time In 5 Months; Services Output Fall
Euro area retail sales decreased for the first time in five months and services production declined in May, suggesting a slowdown in the second quarter. Retail sales logged a monthly fall of 0.7 percent in May, reversing April's 0.3 percent increase, Eurostat reported Monday. Sales were expected to drop 0.8 percent. Another data from Eurostat showed that services production decreased 0.3 percen
RTTNews | 2 days ago
Eurozone Investor Confidence Strongest In More Than 3 Years
Eurozone investor confidence rose to the highest level in more than three years in July suggesting that fears of recession triggered by the US tariff shocks are completely off the table, survey data from the behavioral research institute Sentix showed on Monday. The investor confidence index advanced to 4.5 in July from 0.2 in June. The reading was the highest since February 2022 and also stayed
RTTNews | 2 days ago
