Breaking News

Germany Manufacturing Purchasing Managers Index (PMI)

Latest Release

Jun 01, 2023

Actual

43.2

Forecast

42.9

44.5

The German Manufacturing Purchasing Managers' Index (PMI) measures the activity level of purchasing managers in the manufacturing sector. A reading above 50 indicates expansion in the sector; below indicates contraction. Traders watch these surveys closely as purchasing managers usually have early access to data about their company’s performance, which can be a leading indicator of overall economic performance.

A higher than expected reading should be taken as positive/bullish for the EUR, while a lower than expected reading should be taken as negative/bearish for the EUR.

Importance:

Country:

Currency: EUR

Source: Markit Economics

Release Date	Time	Actual	Forecast	Previous
Jun 23, 2023 (Jun)	15:30			43.2
Jun 01, 2023 (May)	15:55	43.2	42.9	44.5
May 23, 2023 (May)	15:30	42.9	45.0	44.5
May 02, 2023 (Apr)	15:55	44.5	44.0	44.7
Apr 21, 2023 (Apr)	15:30	44.0	45.7	44.7
Apr 03, 2023 (Mar)	15:55	44.7	44.4	46.3

News

European stock futures lower; U.K. inflation falls slower than expected By Investing.com - May 24, 2023

Investing.com - European stock markets are expected to open lower Wednesday as investors bemoan the lack of a deal to raise the U.S. debt ceiling ahead of the release of key economic data. At 02:00 ET...

European stocks higher; energy giants lead way after surprise OPEC+ cut By Investing.com - Apr 03, 2023

By Peter Nurse Investing.com - European stock markets edged higher Monday, with oil companies leading the way, benefiting from the surge in crude prices following the surprise cut in OPEC+...

European stock futures lower; oil prices surge on OPEC+ cut By Investing.com - Apr 03, 2023

By Peter Nurse Investing.com - European stock markets are expected to open largely lower Monday as investors digest surging oil prices and disappointing manufacturing activity data from Asia, ahead of...

Analysis

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The euro has posted gains today and briefly punched above the symbolic parity line. In the North American session, EUR/USD is trading at 0.9978, up 0.11%.German Business Confidence DipsIt seems that...

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Stocks rebounded last week, but 2022 first half was still worst since 1970 Trader sentiment will split between short-term hopefuls and long-term bears Investors will likely be split into two camps in...

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