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 |
|
|
1.0726 -53 pips |
1.0837 -58 pips |
1.07789 | |
| EURAUD |
|
|
1.6226 -70 pips |
1.6384 -88 pips |
1.62959 | |
| EURJPY |
|
|
161.9932 -446 pips |
165.5459 +91 pips |
166.455 | |
| EURCAD |
|
|
1.4662 -96 pips |
1.4749 +9 pips |
1.47577 | |
| EURCHF |
|
|
0.9636 -137 pips |
0.9862 -89 pips |
0.97729 | |
| EURCZK |
|
|
25.3748 +3615 pips |
0 +250133 pips |
25.01334 | |
| EURGBP |
|
|
0.8563 -26 pips |
0.8606 -17 pips |
0.85892 | |
| EURHUF |
|
|
384.1712 -459 pips |
390.0976 -134 pips |
388.76 | |
| EURNOK |
|
|
10.9856 -7314 pips |
0 +117170 pips |
11.7170 | |
| EURNZD |
|
|
1.7769 -147 pips |
1.7970 -54 pips |
1.79164 |
News (EUR)
German Exports Rebound; Industrial Orders Data Disappoint
Germany's exports rebounded at a faster-than-expected pace in March, while industrial orders declined unexpectedly on weak domestic demand, pouring cold water on hopes of better economic recovery. Exports gained 0.9 percent on a monthly basis, reversing a 1.6 percent fall in February, which was revised from a 0.2 percent gain reported initially, Destatis said Tuesday. Shipments were forecast to
RTTNews | 6h 19min ago
Eurozone Private Sector Growth Accelerates In April
The euro area private sector growth accelerated to an 11-month high in April driven by the service sector, final survey results from S&P Global showed on Monday. The HCOB composite output index rose to 51.7 in April from 50.3 in the previous month. The flash estimate was 51.4.
RTTNews | 1 day ago
Eurozone Sentix Investor Confidence Rises For 7 Straight Months
Eurozone investor confidence improved for the seventh straight month in May to hit the highest level since February 2022 as both current situation and expectations rose in small but steady steps, a closely watched survey showed on Monday. The investor confidence index posted -3.6 in May, the behavioral research institute Sentix reported. The score was forecast to improve moderately to -4.8.
RTTNews | 1 day ago
