Breaking News

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

Latest Release

Jan 24, 2023

Actual

50.2

Forecast

49.8

49.3

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).

Importance:

Country:

Currency: EUR

Source: S&P Global

Release Date	Time	Actual	Forecast	Previous
Feb 03, 2023 (Jan)	17:00		50.2	50.2
Jan 24, 2023 (Jan)	17:00	50.2	49.8	49.3
Jan 04, 2023 (Dec)	17:00	49.3	48.8	47.8
Dec 16, 2022 (Dec)	17:00	48.8	48.0	47.8
Dec 05, 2022 (Nov)	17:00	47.8	47.8	47.3
Nov 23, 2022 (Nov)	17:00	47.8	47.0	47.3

News

Weekly comic: Things are looking up in Europe (a bit) By Investing.com - Jan 27, 2023

By Geoffrey Smith Investing.com -- All of a sudden, things are looking up in Europe. Well, relatively speaking, at least. First, the good news. The energy-driven disaster that threatened to hit...

Microsoft leads earnings flood, GE warns, Eurozone grows - what's moving markets By Investing.com - Jan 24, 2023

By Geoffrey Smith Investing.com -- Microsoft (NASDAQ:MSFT) is the first of the Big Tech megacaps to report earnings for the final quarter of 2022, and it's expected to show profit falling. There's a...

European shares edge up with Fed rate path, Eurozone PMI data in focus By Investing.com - Jan 24, 2023

By Scott Kanowsky Investing.com -- European shares were broadly steady in early dealmaking on Tuesday, as investors mulled over the path forward for Federal Reserve monetary policy and looked ahead...

Analysis

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The S&P 500 is off to its best start to a Q4 in history However, the main reasons behind the rally appear to be short-term in nature Earnings, interest rates, recession risks, and the European energy...

ECB Surprises With Big Rate Hike As Recession Fears Hit Europe And U.S. By Darrell Delamaide/Investing.com - Jul 25, 2022

ECB defies own guidance by raising policy rate 0.5% Government bond yields decline as investors' recession fears grow Fed rate hike of 0.75% expected this week The surprise last week came from the...

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