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 |
|
|
1.1475 -365 pips |
1.1632 +208 pips |
1.18398 | |
| EURAUD |
|
|
1.7247 -504 pips |
1.7850 -99 pips |
1.77510 | |
| EURJPY |
|
|
166.0197 -747 pips |
171.6345 +185 pips |
173.486 | |
| EURCAD |
|
|
1.5879 -403 pips |
1.6139 +143 pips |
1.62822 | |
| EURCHF |
|
|
0.9346 +16 pips |
0.9455 -125 pips |
0.93304 | |
| EURCZK |
|
|
24.4964 +1799 pips |
0 +243165 pips |
24.31649 | |
| EURGBP |
|
|
0.8565 -109 pips |
0.8666 +8 pips |
0.86737 | |
| EURHUF |
|
|
392.5288 +291 pips |
390.2800 -66 pips |
389.62 | |
| EURNOK |
|
|
9.5573 -20221 pips |
11.6535 -741 pips |
11.5794 | |
| EURNZD |
|
|
1.9064 -748 pips |
1.9752 +60 pips |
1.98116 |
News (EUR)
Eurozone Industrial Production Recovers In July
Eurozone industrial production recovered at a moderate pace in July due to the rebound in consumer and capital goods output despite tariff threats, official data showed Tuesday. Industrial production registered a monthly growth of 0.3 percent, in contrast to the 0.6 percent decrease in June, Eurostat reported. However, the rate was slightly weaker than the forecast of 0.4 percent.
RTTNews | 2h 12min ago
German Economic Sentiment Rises In September
German economic confidence improved in September but financial market experts remained cautiously optimistic, a monthly survey conducted by the think tank ZEW showed on Tuesday. The ZEW indicator of economic confidence rose unexpectedly to 37.3 in September from 34.7 in the previous month. The score was expected to fall to 27.3.
RTTNews | 4h 28min ago
ECB's Lagarde Says Eurozone Remains In "A Good Place", Risks More Balanced
European Central Bank President Christine Lagarde tread carefully on Thursday as she attempted to paint a rosier view for the euro area economy without dismissing the impact of the lingering uncertainty linked to the trade tariffs, the political turmoil in France and a stronger euro.
RTTNews | 4 days ago
