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Germany Industrial Production MoM
Industrial production in Germany is a measure of the output of firms that are incorporated into the industrial sector of the economy. The most important industry in the world is Manufacturing, accounting for 79% of total production. The most dominant components within Manufacturing are: Mechanical equipment accounts for 12% of total production, followed by motor vehicles, trailers and semi-trailers (12%), basic metals and fabricated metal products (10%), and computers, electronic and optical products as well as electrical equipment (10%). 11% of overall output is accounted for by construction, while 10% is accounted for by energy production.
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 |
|
|
1.1199 -442 pips |
1.1552 +89 pips |
1.16414 | |
| EURAUD |
|
|
1.7185 -671 pips |
1.7923 -67 pips |
1.78564 | |
| EURJPY |
|
|
167.6708 -533 pips |
169.9832 +302 pips |
173.001 | |
| EURCAD |
|
|
1.5628 -353 pips |
1.5934 +47 pips |
1.59806 | |
| EURCHF |
|
|
0.9338 +7 pips |
0.9512 -181 pips |
0.93313 | |
| EURCZK |
|
|
24.6542 +289 pips |
0 +246253 pips |
24.62531 | |
| EURGBP |
|
|
0.8562 -100 pips |
0.8647 +15 pips |
0.86620 | |
| EURHUF |
|
|
397.3707 -138 pips |
405.3578 -661 pips |
398.75 | |
| EURNOK |
|
|
11.6006 -3035 pips |
11.8553 +488 pips |
11.9041 | |
| EURNZD |
|
|
1.8785 -732 pips |
1.9511 +6 pips |
1.95170 |
News (EUR)
German Economic Sentiment Strengthens In July
German economic sentiment improved more than expected in July on hopes of a quick resolution to the US-EU tariff dispute and potential stimulus from the federal government, a monthly survey conducted by the think tank ZEW showed on Tuesday.
RTTNews | 2 days ago
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 | 10 days 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 | 10 days ago
