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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 |
|
|
1.1082 -488 pips |
1.1544 +26 pips |
1.15696 | |
| EURAUD |
|
|
1.7250 -655 pips |
1.7923 -18 pips |
1.79053 | |
| EURJPY |
|
|
162.7588 -723 pips |
170.4060 -42 pips |
169.988 | |
| EURCAD |
|
|
1.5508 -434 pips |
1.5929 +13 pips |
1.59423 | |
| EURCHF |
|
|
0.9332 -15 pips |
0.9573 -226 pips |
0.93471 | |
| EURCZK |
|
|
24.6542 +739 pips |
0 +245803 pips |
24.58031 | |
| EURGBP |
|
|
0.8601 -112 pips |
0.8680 +33 pips |
0.87134 | |
| EURHUF |
|
|
396.4432 -266 pips |
405.3578 -625 pips |
399.11 | |
| EURNOK |
|
|
11.1243 -7682 pips |
11.8611 +314 pips |
11.8925 | |
| EURNZD |
|
|
1.8983 -621 pips |
1.9505 +99 pips |
1.96044 |
News (EUR)
Eurozone Investor Sentiment Weakens Unexpectedly
Euro area investor confidence deteriorated unexpectedly in August as the newly reached trade deal with the U.S. deepened concerns about the current economic situation as well as the outlook, data from the behavioral research institute Sentix showed on Monday. The Sentix investor sentiment index fell steeply to -3.7 in August from 4.5 in July. The measure was expected to climb to 6.2.
RTTNews | 5h 50min ago
Eurozone Inflation Steady At 2% ECB Target
Euro area consumer price inflation was unchanged at the European Central Bank's 2 percent target in July, easing the pressure for more easing. The harmonized index of consumer prices increased 2.0 percent year-on-year in July, the same rate of increase as seen in June. Inflation was forecast to ease marginally to 1.9 percent.
RTTNews | 3 days ago
Eurozone Manufacturing Activity Moves Closer To Stagnation
The euro area manufacturing activity registered a broad stabilization in July as output continued to increase despite a fresh fall in new orders, purchasing managers' survey compiled by S&P Global showed on Friday. The HCOB final manufacturing Purchasing Managers' Index rose to a three-year high of 49.8 in July from 49.5 in June. The score matched the flash estimate.
RTTNews | 3 days ago
