Advertisement
Portugal Industrial Production MoM
Industrial production refers to the output produced by enterprises that are part of Portugal's industrial sector. The most important industry in the country is manufacturing, accounting for 93.9% of total production. Food products (13% of total production), coke, refined petroleum products, and fuels (10%), motor vehicles, trailers, and semi-trailers (9%), metal products, except machinery and equipment (7%), chemicals, and synthetic or artificial fibers, except pharmaceuticals (5%), rubber and plastic products (5%), and paper products (5%) are the most important segments within manufacturing. The supply of electricity, gas, steam and air conditioning accounts for 5% of total output, while sewerage and waste management accounts 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 |
|
|
1.1288 -439 pips |
1.1660 +67 pips |
1.17272 | |
| EURAUD |
|
|
1.7460 -594 pips |
1.7974 +80 pips |
1.80539 | |
| EURJPY |
|
|
164.8683 -576 pips |
168.5930 +203 pips |
170.625 | |
| EURCAD |
|
|
1.5694 -333 pips |
1.5973 +54 pips |
1.60268 | |
| EURCHF |
|
|
0.9358 +7 pips |
0.9517 -166 pips |
0.93510 | |
| EURCZK |
|
|
24.6901 +846 pips |
0 +246055 pips |
24.60553 | |
| EURGBP |
|
|
0.8541 -82 pips |
0.8617 +6 pips |
0.86227 | |
| EURHUF |
|
|
397.9327 -140 pips |
405.3240 -599 pips |
399.33 | |
| EURNOK |
|
|
11.4398 -4561 pips |
11.8573 +386 pips |
11.8959 | |
| EURNZD |
|
|
1.8957 -600 pips |
1.9424 +133 pips |
1.95566 |
News (EUR)
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 | 23 minutes ago
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 | 51 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
