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Italy Business Confidence
The Manufacturing Confidence Index in Italy is based on a survey of 4,000 Italian firms. Among the topics covered in the questionnaire are the present trend in order books, production, and inventories, as well as short-term expectations for order books, production, prices, and the general economic scenario. Adjusted for seasonal factors, the index of business confidence is based on the year 2005 as a starting point. In business sentiment, a score of 100 indicates no change, a value over 100 suggests increased confidence, and a value under 100 indicates low expectations.
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 |
|
|
1.1286 -447 pips |
1.1660 +73 pips |
1.17333 | |
| EURAUD |
|
|
1.7460 -596 pips |
1.7974 +82 pips |
1.80564 | |
| EURJPY |
|
|
164.8553 -578 pips |
168.6148 +202 pips |
170.638 | |
| EURCAD |
|
|
1.5694 -343 pips |
1.5972 +65 pips |
1.60366 | |
| EURCHF |
|
|
0.9358 +8 pips |
0.9517 -167 pips |
0.93502 | |
| EURCZK |
|
|
24.6901 +831 pips |
0 +246070 pips |
24.60701 | |
| EURGBP |
|
|
0.8542 -82 pips |
0.8617 +7 pips |
0.86238 | |
| EURHUF |
|
|
397.9327 -153 pips |
405.3240 -586 pips |
399.46 | |
| EURNOK |
|
|
11.4398 -4556 pips |
11.8573 +381 pips |
11.8954 | |
| EURNZD |
|
|
1.8955 -603 pips |
1.9424 +134 pips |
1.95576 |
News (EUR)
German Industrial Production Rebounds In May
Germany's industrial production rebounded in May driven by robust demand for automobile and pharmaceutical products, official data revealed on Monday. Data released by Destatis showed that industrial production grew 1.2 percent in May from a month ago, confounding expectations for a decline of 0.6 percent. Output in April was revised down to show a 1.6 percent fall compared to the 1.4 percent d
RTTNews | 39 minutes ago
German Factory Orders Log Bigger-Than-Expected Fall
Germany's factory orders declined more than expected in May on falling demand from both the domestic market and other euro area economies, official data revealed on Friday. Factory orders decreased 1.4 percent from a month ago, Destatis reported. Orders were expected to drop 0.2 percent after an upwardly revised 1.6 percent rise in April. Orders declined for the first time in four months.
RTTNews | 2 days ago
Eurozone Private Sector Expands More Than Estimated
The euro area private sector expanded more than previously estimated in June as both manufacturing and services sectors registered higher output, final survey results from S&P Global showed on Thursday. The HCOB final composite output index advanced to 50.6 in June from 50.2 in May. The reading was well above the flash estimate of 50.2.
RTTNews | 3 days ago
