Spain Industrial Production YoY
The productivity of enterprises operating in the industrial sector of the economy is referred to in Spain as industrial production. Accounting for 82% of total output Manufacturing is the largest sector. The following are the most important segments within Manufacturing: food products (12% of total production), fabricated metal products, except machinery and equipment (9%), motor vehicles, trailers, and semi-trailers (6%), chemicals and chemical products (6%), other non-metallic mineral products (5%), rubber and plastic products (4%), machinery and equipment (4%), basic metals (4%) and beverages (4%). 14% of total productivity is accounted for by electricity, gas, steam, and air conditioning, 3% is accounted for by water supply, sewerage, waste management, and remediation, and 1% is accounted for mining and quarrying.
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 |
|
|
1.0372 -66 pips |
1.0745 -307 pips |
1.04379 | |
| EURAUD |
|
|
1.6393 -224 pips |
1.6650 -33 pips |
1.66165 | |
| EURJPY |
|
|
156.7301 -576 pips |
164.0617 -157 pips |
162.493 | |
| EURCAD |
|
|
1.4792 -166 pips |
1.4964 -6 pips |
1.49576 | |
| EURCHF |
|
|
0.9402 -41 pips |
0.9631 -188 pips |
0.94434 | |
| EURCZK |
|
|
25.2779 +1547 pips |
0 +251232 pips |
25.12320 | |
| EURGBP |
|
|
0.8395 -50 pips |
0.8462 -17 pips |
0.84448 | |
| EURHUF |
|
|
400.4734 -1174 pips |
406.2462 +596 pips |
412.21 | |
| EURNOK |
|
|
11.4331 -3263 pips |
11.7142 +452 pips |
11.7594 | |
| EURNZD |
|
|
1.8071 -314 pips |
1.8407 -22 pips |
1.83849 |
News (EUR)
German Economic Confidence Weakens In January
German economic sentiment deteriorated more than expected in January as the economy remained in recession for the second straight year and inflationary pressure rose recently, results of a survey by the think tank ZEW showed Tuesday. The ZEW Indicator of Economic Sentiment fell to 10.3 from 15.7 in December. The reading was expected to drop moderately to 15.2.
RTTNews | 1 day ago
ECB Minutes Show Policymakers Saw Room For More Easing
European Central Bank policymakers were looking forward to more interest rate cuts, but they saw the need for a cautious approach due to several uncertainties that could derail inflation from its path to the 2 percent target, the minutes of the December 11-12 policy session showed on Thursday.
RTTNews | 5 days ago
German Economy Stuck In Recession
The German economy shrank for the second straight year in 2024 as the euro area struggles with global headwinds and the political and structural problems on the domestic front. Gross domestic product contracted 0.2 percent in 2024 after a 0.3 percent decline in 2023, Destatis reported Wednesday.
RTTNews | 7 days ago
