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:
49.2
Consensus:
49.5
Actual:
54
Next Release
Date:
May 31, 09:00
Time left:
26 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 |
|
|
17.6928 -6899 pips |
18.4536 -709 pips |
18.38270 | |
| EURZAR |
|
|
18.4657 -14328 pips |
19.7217 +1768 pips |
19.89854 | |
| ZARJPY |
|
|
7.9700 -29 pips |
8.1139 +14 pips |
8.258 |
