Read more

PMI comp indices for Germany and France higher despite weak manufacturing

9:36 AM 24 March 2023

 France, PMI indices for March.

  • Manufacturing. Actual: 47.7. Expected: 48; Previous: 47.4

  • Services. Actual: 55.5. Expected: 52.4 Previous: 53.1

 Germany, PMI indices for March.

  • Manufacturing. Actual: 44.4. Expected: 47 Previous: 46.3

  • Services. Actual: 53.9. Expected: 51.0 Previous: 50.9

Although industrial data remain under pressure, the Composite index surprises the consensus on the upside. Let's remember that services are responsible for most of Europe's GDP. Source: S&P Global

The EURUSD pair extends declines after a reading of PMI data from major EU economies. The combined reading for the Eurozone will be known at 10:00 am GMT.  Source: xStation 5

Share:
Back

Market News

08.07.2025
19:01

Daily summary: New trade developments shake commodity markets (08.07.2025)

Wall Street remains unsettled by ongoing developments around U.S. trade policy. The Dow Jones is down nearly 0.4%, while the Nasdaq and S&P 500...

 18:14

BREAKING: EU trade deal is coming 📈 EURUSD ticks up

EURUSD climbs back above 1.17 after Donald Trump announced a trade deal with the European Union. A letter outlining the agreement is expected to reach...

 15:34

US OPEN: Indices hold steady after another tariff delay (08.07.2025)

Wall Street is waiting on its toes for updates regarding president Trump’s tariff policy, with major indices posting little-to-no change, as traders...
More news

Join over 1 600 000 XTB Group Clients from around the world

Start trading Download the app Download the app
The financial instruments we offer, especially CFDs, can be highly risky. Fractional Shares (FS) is an acquired from XTB fiduciary right to fractional parts of stocks and ETFs. FS are not a separate financial instrument. The limited corporate rights are associated with FS.
This page was not created for investors residing in Brazil. This brokerage is not authorized by the Comissão de Valores Mobiliários (CVM) or the Brazilian Central Bank (BCB). The content of this page should not be characterized as an investment offer in Brazil or for investors residing in that country.
Losses can exceed deposits