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 |
|
|
1.0870 -67 pips |
1.1037 -100 pips |
1.09370 | |
| EURAUD |
|
|
1.6160 -36 pips |
1.6335 -139 pips |
1.61959 | |
| EURJPY |
|
|
157.0042 -608 pips |
165.1668 -208 pips |
163.083 | |
| EURCAD |
|
|
1.4901 -155 pips |
1.5056 +0 pips |
1.50563 | |
| EURCHF |
|
|
0.9395 +25 pips |
0.9589 -219 pips |
0.93703 | |
| EURCZK |
|
|
0 -252584 pips |
25.1442 +1142 pips |
25.25840 | |
| EURGBP |
|
|
0.8377 +7 pips |
0.8452 -82 pips |
0.83700 | |
| EURHUF |
|
|
393.5868 -727 pips |
393.5858 +728 pips |
400.86 | |
| EURNOK |
|
|
10.7878 -9093 pips |
11.6792 +179 pips |
11.6971 | |
| EURNZD |
|
|
1.7776 -116 pips |
1.8019 -127 pips |
1.78924 |
News (EUR)
German Trade Surplus Increases As Exports Rise Unexpectedly, Imports Fall
Germany's trade surplus increased in August on an unexpected increase in exports amid a bigger-than-expected decline in imports, official data showed on Wednesday. Exports posted a monthly growth of 1.3 percent in August following July's 1.7 percent increase, Destatis reported. This was the second consecutive increase. Shipments were forecast to fall 1.0 percent.
RTTNews | 4 days ago
German Construction PMI Rises To 16-Month High
Germany's construction sector activity contracted at the slowest pace in 16 months in September, survey results from S&P Global showed on Friday. The construction Purchasing Managers' Index rose to 41.7 from 38.9 in the previous month. This was the highest since May 2023. However, the score remained below 50.0, indicating contraction.
RTTNews | 9 days ago
Eurozone Private Sector Contracts For First Time In 7 Months
The euro area private sector shrank for the first time in seven months in September as Germany, France and Italy recorded contractions simultaneously for the first time in 2024 so far, data compiled by S&P Global showed on Thursday. The final HCOB composite output index fell to 49.6 in September from a three-month high of 51.0 in August. The flash score was 48.9.
RTTNews | 10 days ago
