Lower numbers than forecast tend to be bullish for xxx/EUR pairs and bearish for EUR/xxx pairs.
The typical/expected impact on EUR pairs is medium.
There is no forecast value for S&P Global Services PMI yet - check back for updates.
The most recent announced value for S&P Global Services PMI was 51.3 against a forecast of 52.9.
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 Services PMI result:
Previous | Latest | ||||
---|---|---|---|---|---|
Consumer Confidence | Bearish change | -15.2 | -15.3 | ||
Producer Price Index (MoM) | Bullish change | -0.6% | -0.2% | ||
Producer Price Index (YoY) | Bearish change | -0.9% | -1.2% | ||
Core Harmonized Index of Consumer Prices (MoM) | (no change) | 0% | 0% | ||
Core Harmonized Index of Consumer Prices (YoY) | (no change) | 2.3% | 2.3% | ||
Harmonized Index of Consumer Prices (MoM) | (no change) | 0% | 0% | ||
ZEW Survey – Current Situation | Bullish change | -82 | -72 | ||
ZEW Survey – Economic Sentiment | Bullish change | 25.2 | 47.5 | ||
ZEW Survey – Economic Sentiment | Bullish change | 11.6 | 35.3 | ||
Consumer Price Index (EU Norm) (YoY) | Bearish change | 1.9% | 1.7% | ||
Consumer Price Index (YoY) | Bearish change | 1.7% | 1.6% | ||
Industrial Production s.a. (MoM) | Bearish change | 2.4% | -2.4% | ||
Harmonized Index of Consumer Prices (YoY) | Bullish change | 1.9% | 2% | ||
Consumer Price Index (EU norm) (YoY) | (no change) | 0.6% | 0.6% | ||
Harmonized Index of Consumer Prices (MoM) | (no change) | 0.2% | 0.2% | ||
Harmonized Index of Consumer Prices (YoY) | (no change) | 2.1% | 2.1% | ||
Sentix Investor Confidence | Bullish change | -8.1 | 0.2 |
Country: | Spain |
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Currency: | EUR |
Source: | IHS Markit |
Category: | Economic Activity |
Frequency: | Monthly |