Italy Industrial Production MoM
Industrial production in Italy monitors the output generated by companies operating in the industrial sector of the economy. The most important industry in the world is manufacturing, accounting for 88% of overall production. The major segments within manufacturing are products and metallurgy (account for 14% of overall manufacturing output), machinery and equipment (12%), food, beverages, and tobacco (10%), rubber and plastic items, and non-metallic products (9%), textile, clothing, and leather (8%), transport equipment (7%), and other manufacturing, repair, and installation of machinery and equipment (7%). Electricity, gas, steam, and air conditioning contribute 10% of overall output, whereas mining and quarrying account for 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 |
|
|
1.1291 -403 pips |
1.1579 +115 pips |
1.16941 | |
| EURAUD |
|
|
1.7166 -709 pips |
1.7958 -83 pips |
1.78750 | |
| EURJPY |
|
|
164.6039 -730 pips |
170.6205 +128 pips |
171.903 | |
| EURCAD |
|
|
1.5592 -471 pips |
1.6096 -33 pips |
1.60627 | |
| EURCHF |
|
|
0.9351 -5 pips |
0.9478 -122 pips |
0.93560 | |
| EURCZK |
|
|
24.5218 +735 pips |
0 +244483 pips |
24.44830 | |
| EURGBP |
|
|
0.8572 -89 pips |
0.8657 +4 pips |
0.86613 | |
| EURHUF |
|
|
395.9733 -30 pips |
405.0881 -881 pips |
396.28 | |
| EURNOK |
|
|
10.6220 -11378 pips |
11.7581 +17 pips |
11.7598 | |
| EURNZD |
|
|
1.9094 -734 pips |
1.9834 -6 pips |
1.98277 |
News (EUR)
German Unemployment Exceeds 3 Mln
Germany's unemployment exceeded the three million-mark for the first time in a decade in August as the prolonged period of subdued economic activity weighed on the labor market. The number of unemployed persons increased by 46,000 from the previous year to 3.025 million in August. However, unemployment fell by adjusted 9,000 compared to the previous month, while it was forecast to increase by 1
RTTNews | 5h 33min ago
French Inflation Cools; Economy Expands As Estimated
France's consumer price inflation softened in August on weaker growth in transport costs and the economy logged a faster growth as estimated in the second quarter, official data revealed Friday. Consumer price inflation weakened marginally to 0.9 percent in August from 1.0 percent in July, provisional data from the statistical office INSEE showed.
RTTNews | 8h 4min ago
Eurozone Economic Confidence Weakens In August
Eurozone economic sentiment softened unexpectedly in August as only industry and retail trade showed improvements, survey results from the European Commission showed Thursday. The economic sentiment indicator slid to 95.2 in August from a revised 95.7 in the previous month. The score was forecast rise to 96.0.
RTTNews | 1 day ago
