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South Africa ABSA Manufacturing PMI
The survey of purchasing managers in the South African manufacturing sector is conducted on a monthly basis by Absa Manufacturing PMI. Business circumstances in the sector are forecasted by the index, which provides an early indicator of future conditions. A rating greater than 50% implies that the manufacturing economy is generally expanding, a reading less than 50% suggests that the manufacturing economy is generally contracting.
A higher than expected figure should be seen as positive (bullish) for the ZAR while a lower than expected figure should be seen as negative (bearish) for the ZAR.
Category:
Manufacturing PMI
Units:
Points
Latest Release
Previous:
43.1
Consensus:
44
Actual:
48.5
Next Release
Date:
Aug 01, 09:00
Time left:
27 days
Data updated. Please refresh the page.
Forex Sentiment (ZAR)
| Symbol | Community Trend (Shorts vs Longs) | Symbol Popularity | Avg. Short Price / Distance From Price | Avg. Long Price / Distance From Price | Current Price | |
|---|---|---|---|---|---|---|
| USDZAR |
|
|
16.1309 -14783 pips |
17.9863 -3771 pips |
17.60922 | |
| EURZAR |
|
|
18.0848 -26572 pips |
20.6242 +1178 pips |
20.74196 | |
| ZARJPY |
|
|
8.1890 -0 pips |
8.0561 +14 pips |
8.193 |
