8:34 AM · 22 September 2023

PMI rebounds in Germany, massive declines in France. Euro recovers from losses

Germany:

  • Manufacturing PMI:  39.8 (expected: 39.5; previous: 39.1)
  • Services PMI: 49.8 (expected: 47.1; previous: 47.3)

France:

  • Manufacturing PMI: 43.6 (expected: 46.1; previous: 46.0)
  • Services PMI: 43.9 (expected: 46.0; previous: 46.0)

A real roller coaster on EURUSD in the last minutes. First, dismal data from France, and now better data from Germany, although indicating a recession. EURUSD is recovering, although investors are somehow not strongly positive.

 

26 June 2026, 6:48 PM

Daily Summary: Will the S&P 500 close the week with a loss❓Find out what drove the market today ⬇️

26 June 2026, 7:42 AM

Economic Calendar: US consumer sentiment and Fed speeches in the focus (26.06.2026)

25 June 2026, 2:42 PM

Market Wrap: Markets Rally on Strong Micron Data (25.06.2026)

25 June 2026, 1:47 PM

BREAKING: PCE Inflation and income raise 📈EURUSD gains 0,2%

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