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Portugal Industrial Production YoY
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 |
|
|
1.0973 -451 pips |
1.1543 -119 pips |
1.14242 | |
| EURAUD |
|
|
1.7125 -642 pips |
1.7861 -94 pips |
1.77674 | |
| EURJPY |
|
|
165.9310 -616 pips |
170.7211 +137 pips |
172.087 | |
| EURCAD |
|
|
1.5414 -410 pips |
1.5915 -91 pips |
1.58243 | |
| EURCHF |
|
|
0.9347 +58 pips |
0.9412 -123 pips |
0.92894 | |
| EURCZK |
|
|
24.6542 +896 pips |
0 +245646 pips |
24.56460 | |
| EURGBP |
|
|
0.8544 -105 pips |
0.8664 -15 pips |
0.86485 | |
| EURHUF |
|
|
397.4508 -232 pips |
405.3578 -559 pips |
399.77 | |
| EURNOK |
|
|
10.8444 -9446 pips |
11.8352 -462 pips |
11.7890 | |
| EURNZD |
|
|
1.8684 -711 pips |
1.9427 -32 pips |
1.93952 |
News (EUR)
German Unemployment Rises In July
Germany's unemployment increased less than expected in July but the overall number of people out of work remained close to the 3 million mark due to the prolonged period of economic slowdown, official data revealed on Thursday. The number of unemployed rose by less-than-expected 2,000 from June, the Federal Employment Agency said. For July, economists had forecast an increase of 15,000.
RTTNews | 10h 56min ago
Eurozone Jobless Rate Unchanged At 6.2%
The euro area unemployment rate remained stable in June despite slowing economic growth and challenging global trade situation, official data revealed on Thursday. The jobless rate came in at seasonally adjusted 6.2 percent, the same rate as seen in May and down from 6.4 percent in the same period last year, Eurostat said Thursday.
RTTNews | 12h 41min ago
Eurozone Economy Fares Better Than Expected In Q2
The euro area economy logged better-than-expected growth in the second quarter but the pace of expansion slowed markedly as the first quarter performance was inflated after U.S. importers frontloaded their orders to reduce the cost burden of higher tariffs. Gross domestic product grew 0.1 percent sequentially, after rising 0.6 percent in the first quarter, preliminary flash estimate from Eurostat.
RTTNews | 1 day ago
