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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 |
|
|
1.1198 -496 pips |
1.1603 +91 pips |
1.16942 | |
| EURAUD |
|
|
1.7114 -658 pips |
1.7876 -104 pips |
1.77724 | |
| EURJPY |
|
|
166.7520 -553 pips |
169.7172 +257 pips |
172.283 | |
| EURCAD |
|
|
1.5633 -362 pips |
1.5974 +21 pips |
1.59954 | |
| EURCHF |
|
|
0.9351 +37 pips |
0.9452 -138 pips |
0.93144 | |
| EURCZK |
|
|
24.6901 +38 pips |
0 +246863 pips |
24.68630 | |
| EURGBP |
|
|
0.8553 -100 pips |
0.8616 +37 pips |
0.86530 | |
| EURHUF |
|
|
397.5902 -240 pips |
405.3578 -537 pips |
399.99 | |
| EURNOK |
|
|
11.3620 -4883 pips |
11.8378 +125 pips |
11.8503 | |
| EURNZD |
|
|
1.8764 -696 pips |
1.9426 +34 pips |
1.94598 |
News (EUR)
German Exports Decline As Tariff Treats Damp Demand From US
Germany's exports declined for the second straight month in May due to a sharp fall in demand from the US amid tariff threats, data from Destatis revealed on Tuesday. Exports decreased by more-than-expected 1.4 percent month-on-month in May, following April's 1.6 percent fall. Economists had forecast a 0.2 percent drop. Imports slid 3.8 percent from last month.
RTTNews | 3 days ago
Eurozone Retail Sales Drop For First Time In 5 Months; Services Output Fall
Euro area retail sales decreased for the first time in five months and services production declined in May, suggesting a slowdown in the second quarter. Retail sales logged a monthly fall of 0.7 percent in May, reversing April's 0.3 percent increase, Eurostat reported Monday. Sales were expected to drop 0.8 percent. Another data from Eurostat showed that services production decreased 0.3 percen
RTTNews | 4 days ago
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 | 4 days ago
