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 |
|
|
1.1358 -473 pips |
1.1666 +165 pips |
1.18311 | |
| EURAUD |
|
|
1.7284 -489 pips |
1.7875 -102 pips |
1.77727 | |
| EURJPY |
|
|
167.5946 -660 pips |
171.8405 +235 pips |
174.192 | |
| EURCAD |
|
|
1.5919 -374 pips |
1.6215 +78 pips |
1.62925 | |
| EURCHF |
|
|
0.9340 +7 pips |
0.9465 -132 pips |
0.93333 | |
| EURCZK |
|
|
24.4964 +1955 pips |
0 +243009 pips |
24.30092 | |
| EURGBP |
|
|
0.8586 -96 pips |
0.8672 +10 pips |
0.86818 | |
| EURHUF |
|
|
391.7270 +335 pips |
0 +38838 pips |
388.38 | |
| EURNOK |
|
|
9.5573 -20126 pips |
11.6474 -775 pips |
11.5699 | |
| EURNZD |
|
|
1.9381 -639 pips |
1.9796 +224 pips |
2.00202 |
News (EUR)
Eurozone Industrial Production Recovers In July
Eurozone industrial production recovered at a moderate pace in July due to the rebound in consumer and capital goods output despite tariff threats, official data showed Tuesday. Industrial production registered a monthly growth of 0.3 percent, in contrast to the 0.6 percent decrease in June, Eurostat reported. However, the rate was slightly weaker than the forecast of 0.4 percent.
RTTNews | 1 day ago
German Economic Sentiment Rises In September
German economic confidence improved in September but financial market experts remained cautiously optimistic, a monthly survey conducted by the think tank ZEW showed on Tuesday. The ZEW indicator of economic confidence rose unexpectedly to 37.3 in September from 34.7 in the previous month. The score was expected to fall to 27.3.
RTTNews | 2 days ago
ECB's Lagarde Says Eurozone Remains In "A Good Place", Risks More Balanced
European Central Bank President Christine Lagarde tread carefully on Thursday as she attempted to paint a rosier view for the euro area economy without dismissing the impact of the lingering uncertainty linked to the trade tariffs, the political turmoil in France and a stronger euro.
RTTNews | 6 days ago
