The typical/expected impact on EUR pairs is medium.
The consensus forecast for S&P Global Manufacturing PMI is 50.5. A higher value than forecast tends to be bullish for EUR/xxx pairs and bearish for xxx/EUR pairs.
Higher numbers than forecast tend to be bullish for EUR/xxx pairs and bearish for xxx/EUR pairs.
The most recent announced value for S&P Global Manufacturing PMI was 50.5 against a forecast of 48.4.
Recent economic data has been broadly neutral for EUR. Other recent announcements which may affect the market's interpretation of the next S&P Global Manufacturing PMI result:
Country: | Spain |
---|---|
Currency: | EUR |
Source: | IHS Markit |
Category: | Economic Activity |
Frequency: | Monthly |