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Germany Manufacturing Purchasing Managers Index (PMI)

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Germany Manufacturing Purchasing Managers Index (PMI)

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Status

 
Latest Release
Oct 22, 2021
Actual
58.2
Forecast
56.5
Previous
58.4
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
Nov 02, 2021 (Oct) 04:55   58.5 58.2
Oct 22, 2021 (Oct) 03:30   58.2 56.5 58.4
Oct 01, 2021 (Sep) 03:55 58.4 58.5 62.6
Sep 23, 2021 (Sep) 03:30   58.5 61.5 62.6
Sep 01, 2021 (Aug) 03:55 62.6 62.7 65.9
Aug 23, 2021 (Aug) 03:30   62.7 65.0 65.9

News

European Stocks Higher; PMI Data Indicate Slowing Recovery
European Stocks Higher; PMI Data Indicate Slowing Recovery By Investing.com - Sep 23, 2021 2

By Peter Nurse  Investing.com - European stock markets traded higher Thursday, despite business surveys indicating a regional slowdown, as sentiment surrounding the heavily indebted property group...

European Stocks Higher; PMIs Point to Slowing Recovery
European Stocks Higher; PMIs Point to Slowing Recovery By Investing.com - Aug 23, 2021 1

By Peter Nurse  Investing.com - European stock markets traded higher Monday helped by bargain hunting after last week’s sharp selloff, but confidence remains brittle with European manufacturing...

Dow Futures Rise 95 Pts; Strong Earnings Season Continues
Dow Futures Rise 95 Pts; Strong Earnings Season Continues By Investing.com - Aug 02, 2021 2

By Peter Nurse    Investing.com - U.S. stocks are seen opening higher Monday, continuing the recent positive tone on the first trading day of August as investors digest generally strong corporate...

Analysis

German Manufacturing PMI Discussion

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All Comments (30)
Latifou Simala
Latifou Simala Sep 01, 2020 4:14AM ET
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CAC40 +205 Réel
Scott Emmy
Scott Emmy Jan 23, 2020 10:57PM ET
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From the previous four months on this, Eur will definitely go up against USD.. Looking from the chat view technically, you will discover the trend flow.. From the fundermental reports analysis, Eur is regaining strength.
Scott Emmy
Scott Emmy Jan 23, 2020 10:57PM ET
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Eur is definitely a good buy.
Mordecai Raji
Mordecai Raji Feb 28, 2019 10:52PM ET
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Hardly see people trade PMIs. Anyone? Any considerable volatility?
Zeeshan Mirza
Zeeshan Mirza Dec 03, 2018 8:49AM ET
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can anyone tell me where eurousd will go now???
Jack Åström
Jack Åström Jan 22, 2016 3:35AM ET
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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 5:52AM ET
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euru usd up
David Brown
David Brown Nov 20, 2014 3:19AM ET
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Actual: 51.7
Mohammed Albazel
Mohammed Albazel Nov 20, 2014 3:19AM ET
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eurusd up?
Teodor Kazandzhiev
Teodor Kazandzhiev Nov 20, 2014 3:19AM ET
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Don't listen to this guy. He doesn't know what he's talking about.
Khaled Hamdan
Khaled Hamdan Nov 20, 2014 3:19AM ET
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hahaha 100%
Muni Venkata Ramana
Muni Venkata Ramana Nov 20, 2014 3:19AM ET
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1000% wrong :P
kiran. sg
kiran. sg Nov 20, 2014 3:19AM ET
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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 3:37AM ET
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how it will be? up or down?
wissam meshref
wissam meshref Oct 23, 2014 3:27AM ET
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bearish
wissam meshref
wissam meshref Oct 23, 2014 3:26AM ET
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EUR.USD to hit 1.2575
 
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