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Euro Area Markit Services PMI
Based on data gathered from a representative panel of around 2,000 private service sector enterprises in the Eurozone to calculate the Eurozone Services PMI (Purchasing Managers' Index). Germany, France, Italy, Spain, and the Republic of Ireland all have national services data available. Sales, employment, inventories, and pricing are some of the variables tracked by the index. A rating of greater than 50 suggests that the services sector is generally increasing, while a reading of less than 50 indicates that it is generally contracting.
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 |
|
|
1.0953 -428 pips |
1.1352 +29 pips |
1.13806 | |
| EURAUD |
|
|
1.7010 -764 pips |
1.7861 -87 pips |
1.77738 | |
| EURJPY |
|
|
157.5760 -583 pips |
163.8792 -48 pips |
163.401 | |
| EURCAD |
|
|
1.5262 -509 pips |
1.5730 +41 pips |
1.57713 | |
| EURCHF |
|
|
0.9373 -39 pips |
0.9664 -252 pips |
0.94123 | |
| EURCZK |
|
|
0 -249278 pips |
25.1544 -2266 pips |
24.92784 | |
| EURGBP |
|
|
0.8484 -54 pips |
0.8575 -37 pips |
0.85378 | |
| EURHUF |
|
|
397.6900 -773 pips |
405.4403 -2 pips |
405.42 | |
| EURNOK |
|
|
11.0499 -8119 pips |
11.9452 -834 pips |
11.8618 | |
| EURNZD |
|
|
1.8443 -620 pips |
1.9215 -152 pips |
1.90626 |
News (EUR)
German Ifo Business Sentiment Strengthens In April
German business confidence improved in April despite trade tariff uncertainty weighing on expectations, survey results from the the Munich-based ifo Institute revealed on Thursday. The ifo business climate index rose to 86.9 points from 86.7 points in March. The score was forecast to fall to 85.1.
RTTNews | 1 day ago
Eurozone Private Sector Activity Moves Closer To Stagnation
The euro area private sector moved closer to stagnation in April as activity was held back by faster reduction in orders amid the escalating trade tariff concerns, the results of the latest purchasing managers' survey by S&P Global showed on Wednesday. The HCOB flash composite output index eased to 50.1 in April, which was only slightly above the 50.0 no-change mark.
RTTNews | 2 days ago
German Private Sector Falls Back Into Contraction
Germany's private sector fell into the contraction territory in April as trade tariff concerns damped business confidence and demand, flash purchasing managers' survey by S&P Global revealed Wednesday. The composite output index fell to 49.7 in April from 51.3 in March. The score fell below the 50.0 no-change mark for the first time in four months.
RTTNews | 2 days ago
