Breaking News

French S&P Global Composite Purchasing Managers Index (PMI)

Latest Release

Nov 06, 2024

Actual

48.1

Forecast

47.3

48.6

The PMI monthly Composite Reports on Manufacturing and Services are based on surveys of over 300 business executives in private sector manufacturing companies and also 300 private sector services companies.Data is usually released on the third working day of each month.Each response is weighted according to the size of the company and its contribution to total manufacturing or services output accounted for by the sub-sector to which that company belongs. Replies from larger companies have a greater impact on the final index numbers than those from small companies.Results are presented by question asked, showing the percentage of respondents reporting an improvement, deterioration or no change since the previous month.From these percentages, an index is derived: a level of 50.0 signals no change since the previous month, above 50.0 signals an increase (or improvement), below 50.0 a decrease (or contraction).
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: S&P Global

Release Date	Time	Actual	Forecast	Previous
Dec 04, 2024 (Nov)	16:50
Nov 22, 2024 (Nov)	16:15			48.1
Nov 06, 2024 (Oct)	16:50	48.1	47.3	48.6
Oct 24, 2024 (Oct)	15:15	47.3	49.0	48.6
Oct 03, 2024 (Sep)	15:50	48.6	47.4	53.1
Sep 23, 2024 (Sep)	15:15	47.4	50.6	53.1

News

Dollar slips from three-month highs; euro gains after PMIs By Investing.com - Oct 24, 2024

Investing.com - The U.S. dollar slipped slightly lower Thursday, but remained close to three-month highs underpinned by expectations for a slower pace of interest rate cuts by the Federal Reserve...

Dollar retreats in holiday-impacted trading; euro helped by German PMIs By Investing.com - Nov 23, 2023

Investing.com - The U.S. dollar retreated in thin holiday-impacted trade Thursday, with traders digesting recent economic data and what it potentially means for the Federal Reserve’s interest rate...

Eurozone composite PMI hits 10-month high but falls short of expectations By Investing.com - Apr 05, 2023

By Geoffrey Smith Investing.com -- The Eurozone economy was less dynamic than first thought in March, although it still likely grew at the fastest rate in 10 months, according to a closely watched...

Analysis

EUR/USD Hovers Above Key Support Ahead of Key US Data, ECB: How to Trade it By Fawad Razaqzada - Jan 24, 2024

The EUR/USD pushed higher in the first half of Wednesday’s session, boosted by positive signals from the equity markets, as the US dollar eased back against most major currencies.The late...

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