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Portugal PPI MoM
Industrial Production Price Index (IPPI) in Portugal is intended to indicate the monthly evolution of transaction prices in economic activities for both the domestic and international markets. The indices are derived from the Survey on Prices in the Production of Industrial Products, which is carried out in electronic form with firms working throughout the country, with a particular emphasis on extractive, manufacturing, and electricity, gas, and water industries. Every month, around 10123 prices are collected. In terms of producer prices, intermediate products are the most important area, accounting for 36% of the total PPI. Consumer goods (31%) are the second-largest segment, followed by energy (20%) and capital goods (12%).
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 |
|
|
1.1224 -491 pips |
1.1631 +84 pips |
1.17145 | |
| EURAUD |
|
|
1.7260 -683 pips |
1.7977 -34 pips |
1.79426 | |
| EURJPY |
|
|
166.0071 -594 pips |
168.9736 +298 pips |
171.949 | |
| EURCAD |
|
|
1.5650 -382 pips |
1.5978 +54 pips |
1.60321 | |
| EURCHF |
|
|
0.9360 +31 pips |
0.9473 -144 pips |
0.93292 | |
| EURCZK |
|
|
24.6901 +391 pips |
0 +246510 pips |
24.65101 | |
| EURGBP |
|
|
0.8541 -83 pips |
0.8613 +11 pips |
0.86243 | |
| EURHUF |
|
|
397.8895 -234 pips |
405.3240 -509 pips |
400.23 | |
| EURNOK |
|
|
11.4976 -3328 pips |
11.8378 -74 pips |
11.8304 | |
| EURNZD |
|
|
1.8903 -622 pips |
1.9469 +56 pips |
1.95251 |
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 | 9h 46min 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 | 1 day 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 | 1 day ago
