Purchasing Manager Index Services

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Aug 03, 05:00  Purchasing Manager Index Services 57.6 58.30

Purchasing Manager Index Services

The Purchasing Managers Index (PMI) released by Markit Economics captures business conditions in the services sector. The manufacturing PMI is an important indicator of business conditions and the overall economic condition in Ireland. A result above 50 signals is bullish for the Euro, whereas a result below 50 is seen as bearish.



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HIGH RISK WARNING: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all of your initial investment; do not invest money that you cannot afford to lose. Educate yourself on the risks associated with foreign exchange trading, and seek advice from an independent financial or tax advisor if you have any questions. Any data and information is provided 'as is' solely for informational purposes, and is not intended for trading purposes or advice. Past performance is not indicative of future results.