Breaking News

Germany Composite Purchasing Managers Index (PMI)

Latest Release

Nov 06, 2024

Actual

48.6

Forecast

48.4

47.5

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.

Importance:

Country:

Currency: EUR

Source:

Release Date	Time	Actual	Forecast	Previous
Nov 22, 2024 (Nov)	09:30			48.6
Nov 06, 2024 (Oct)	09:55	48.6	48.4	47.5
Oct 24, 2024 (Oct)	08:30	48.4	47.6	47.5
Oct 03, 2024 (Sep)	08:55	47.5	47.2	48.4
Sep 23, 2024 (Sep)	08:30	47.2	48.2	48.4
Sep 04, 2024 (Aug)	08:55	48.4	48.5	49.1

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 bounces off lows; euro hit by weak PMI data By Investing.com - Sep 23, 2024

Investing.com - The U.S. dollar rose Monday, climbing away from the one-year low seen last week, while disappointing economic activity data weighed on the euro. At 04:15 ET (08:15 GMT), the Dollar...

Oil prices rise, heading for first positive week in two months on Fed cheer By Investing.com - Dec 15, 2023

Investing.com -- Oil prices rose Friday, heading towards their first weekly gain in two months on optimism over potential interest rate cuts by the Federal Reserve boosting U.S. demand and a positive...

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...

Opening Bell: U.S. Futures Edge Lower On ECB, Italian Crisis, Slowing Asia By Pinchas Cohen - Jul 21, 2022

Markets expect ECB to hike rates for the first time in 11 years Earnings reports may be luring investors in for a bull trap US Dollar rallies Dow, S&P, NASDAQ, and Russell 2000 futures and...

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