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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 |
|
|
1.1292 -454 pips |
1.1630 +116 pips |
1.17464 | |
| EURAUD |
|
|
1.7464 -594 pips |
1.7974 +84 pips |
1.80576 | |
| EURJPY |
|
|
164.8863 -566 pips |
168.7084 +183 pips |
170.543 | |
| EURCAD |
|
|
1.5692 -358 pips |
1.5969 +81 pips |
1.60504 | |
| EURCHF |
|
|
0.9358 +4 pips |
0.9515 -161 pips |
0.93537 | |
| EURCZK |
|
|
24.6901 +801 pips |
0 +246100 pips |
24.61000 | |
| EURGBP |
|
|
0.8543 -91 pips |
0.8617 +17 pips |
0.86340 | |
| EURHUF |
|
|
397.9327 -106 pips |
405.3240 -634 pips |
398.99 | |
| EURNOK |
|
|
11.4398 -4333 pips |
11.8573 +158 pips |
11.8731 | |
| EURNZD |
|
|
1.8944 -614 pips |
1.9424 +134 pips |
1.95579 |
News (EUR)
German Factory Orders Log Bigger-Than-Expected Fall
Germany's factory orders declined more than expected in May on falling demand from both the domestic market and other euro area economies, official data revealed on Friday. Factory orders decreased 1.4 percent from a month ago, Destatis reported. Orders were expected to drop 0.2 percent after an upwardly revised 1.6 percent rise in April. Orders declined for the first time in four months.
RTTNews | 2 days ago
Eurozone Private Sector Expands More Than Estimated
The euro area private sector expanded more than previously estimated in June as both manufacturing and services sectors registered higher output, final survey results from S&P Global showed on Thursday. The HCOB final composite output index advanced to 50.6 in June from 50.2 in May. The reading was well above the flash estimate of 50.2.
RTTNews | 3 days ago
German Unemployment Climbs Less Than Expected In June
Joblessness in Germany rose in June but at a slower than expected pace, official figures revealed on Tuesday, as activity in the biggest economy in the euro area remains sluggish.
RTTNews | 5 days ago
