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Eurozone Manufacturing Purchasing Managers Index (PMI)

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Eurozone Manufacturing Purchasing Managers Index (PMI)

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Latest Release
Nov 04, 2024
Actual
46.0
Forecast
45.9
Previous
45.0
The 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 50 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
Eurozone Manufacturing Purchasing Managers Index (PMI)
 
Release Date Time Actual Forecast Previous
Dec 02, 2024 (Nov) 04:00     45.9
Nov 22, 2024 (Nov) 04:00     46.0 46.0
Nov 04, 2024 (Oct) 04:00 46.0 45.9 45.0
Oct 24, 2024 (Oct) 03:00   45.9 45.1 45.0
Oct 01, 2024 (Sep) 03:00 45.0 44.8 45.8
Sep 23, 2024 (Sep) 03:00   44.8 45.7 45.8

News

Dollar edges lower ahead of payrolls; euro benefits
Dollar edges lower ahead of payrolls; euro benefits By Investing.com - Sep 02, 2024 1

Investing.com - The U.S. dollar edged slightly lower Monday in thin holiday-affected trading, with traders awaiting key labor market data for clues of potential Federal Reserve interest rate cuts. At...

Analysis

HCOB Eurozone Manufacturing PMI Discussion

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All Comments (3)
Green ForexClub
GreenForexClub Nov 05, 2019 10:02PM ET
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While these are not top-level numbers, there will be some consideration given to the host of results, as the Eurozone is as yet attempting to turn their economy around.
YaS KhaN
YaS KhaN Apr 01, 2015 4:05AM ET
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what down euro or usd?.
anil kumar
anil kumar Jan 02, 2015 4:03AM ET
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DOWN.
 
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