Lower numbers than forecast tend to be bullish for xxx/EUR pairs and bearish for EUR/xxx pairs.
The typical/expected impact on EUR pairs is medium.
There is no forecast value for S&P Global Manufacturing PMI yet - check back for updates.
The most recent announced value for S&P Global Manufacturing PMI was 47.9 against a forecast of 50.
Recent economic data has been broadly neutral for EUR. Other recent announcements which may affect the market's interpretation of the next S&P Global Manufacturing PMI result:
| Country: | Italy |
|---|---|
| Currency: | EUR |
| Source: | IHS Markit |
| Category: | Economic Activity |
| Frequency: | Monthly |