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 high.
There is no forecast value for S&P Global/BME Services PMI yet - check back for updates.
The most recent announced value for S&P Global/BME Services PMI was 47.1 against a forecast of 47.2.
Recent economic data has been moderately bearish for EUR. Other recent announcements which may affect the market's interpretation of the next S&P Global/BME Services PMI result:
Country: | Germany |
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Currency: | EUR |
Source: | IHS Markit |
Category: | Economic Activity |
Frequency: | Monthly |