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Germany Manufacturing Purchasing Managers Index (PMI)

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Germany Manufacturing Purchasing Managers Index (PMI)

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Latest Release
Jun 23, 2017
Actual
59.3
Forecast
59.0
Previous
59.5
The German 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 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
Germany Manufacturing Purchasing Managers Index (PMI)
 
Release Date Time Actual Forecast Previous
Jun 23, 2017 (Jun) 03:30   59.3 59.0 59.5
Jun 01, 2017 (May) 03:55 59.5 59.4 59.4
May 23, 2017 (May) 03:30   59.4 58.0 58.2
May 02, 2017 (Apr) 03:55 58.2 58.2 58.2
Apr 21, 2017 (Apr) 03:30   58.2 58.0 58.3
Apr 03, 2017 (Mar) 03:55 58.3 58.3 58.3

News

text
Dollar index pushes lower, hits fresh 1-week trough By Investing.com - Jun 23, 2017

Investing.com - The dollar pushed lower to hit a fresh one-week trough against the other major currencies on Friday, as the release of positive U.S. housing sector data failed to boost optimism over ...

text
Dollar remains broadly lower in quiet trade By Investing.com - Jun 23, 2017

Investing.com - The dollar remained broadly lower against the other major currencies in quiet trade on Friday, as investors remained cautious following the previous session’s disappointing U.S. ...

text
Dollar near 1-week lows vs. rivals in cautious trade By Investing.com - Jun 23, 2017

Investing.com - The dollar was hovering near one-week lows against the other major currencies on Friday, as investors remained cautious following the previous session’s disappointing U.S. data ...

Analysis

Kathy Lien
Another Week Of Summer FX Grind? By Kathy Lien - Jun 23, 2017 4

By Kathy Lien, Managing Director of FX Strategy for BK Asset Management. By all counts, it was an extremely quiet week in the foreign-exchange market. There was very little change in the U.S. dollar, ...

German Manufacturing PMI Discussion

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All Comments (40)
Jack Åström
Jack Åström Jan 22, 2016 8:35AM GMT
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Report is bearish but EUR/USD curve was bullish, makes no sense. Draghi is still speaking, could this have an effect?
Muhammad Sajjad Hussain
Muhammad Sajjad Hussain Feb 01, 2015 10:52AM GMT
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euru usd up
David Brown
David Brown Nov 20, 2014 8:19AM GMT
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Actual: 51.7
Mohammed Albazel
Mohammed Albazel Nov 20, 2014 8:29AM GMT
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eurusd up?
Teodor Kazandzhiev
Teodor Kazandzhiev Dec 01, 2014 2:27AM GMT
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Don't listen to this guy. He doesn't know what he's talking about.
Khaled Hamdan
Khaled Hamdan Dec 01, 2014 9:01AM GMT
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hahaha 100%
Muni Venkata Ramana
Muni Venkata Ramana Jan 23, 2015 2:04AM GMT
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1000% wrong :P
kiran. sg
kiran. sg Jan 23, 2015 5:49AM GMT
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i think eurusd will reach 1.20, 1.22 in coming months because of gap in ecb balance sheet. (5th wave)
Antony Everwin
Antony Everwin Nov 03, 2014 8:37AM GMT
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how it will be? up or down?
wissam meshref
wissam meshref Oct 23, 2014 7:27AM GMT
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bearish
wissam meshref
wissam meshref Oct 23, 2014 7:26AM GMT
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EUR.USD to hit 1.2575
wissam meshref
wissam meshref Oct 23, 2014 7:25AM GMT
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EUR/USD to hit 1.2575
M Faizan Faizan
M Faizan Faizan Oct 23, 2014 4:37AM GMT
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Up Or Down Any option
Raafat Ghoson
Raafat Ghoson Oct 23, 2014 7:06AM GMT
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Down
karet hendra
karet hendra Oct 23, 2014 7:36AM GMT
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up
max jones
max jones Sep 23, 2014 4:12AM GMT
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can this news affect the Dax-Dec14 since its in Germany.
Mohammad Usman
Mohammad Usman Sep 01, 2014 5:32AM GMT
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This time eur up or down..
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