- Monday, 14 September 2015
- News
Eurozone Industrial Production up by 0.6% in July
- Wednesday, 09 September 2015
- News
Euro stable in an uneventful European trade
- Tuesday, 01 September 2015
- News
Eurozone Unemployment Rate at the lowest level since February 2012
- Friday, 21 August 2015
- News
Eurozone Manufacturing PMI rose in July
Flash Eurozone Services PMI Activity Index rose to 54.3 from 54.0 in July. The flash PMI suggests that the eurozone is still experiencing one of its best periods of economic growth and job creation during the past four years. GDP growth is tracking close to 0.4% so far in the third quarter, slightly above the 0.3% seen in quarter 2, highlighting the resilience of the economy through last month’s rollercoaster events of the Greek debt crisis and the ongoing negotiations to tie up the full details surrounding the third bailout.
Flash Eurozone Manufacturing PMI was unchanged at 52.4. This was in line with market expectations. Stronger growth in Germany and outside of the ‘big-two’ nations were the main growth spurs in August. Particularly pleasing is the continuation of job creation seen in these nations, especially in the ‘periphery’ where some countries are still struggling with double-digit rates of unemployment.
Euro is currently being traded few points above 1.1250 handle. Pair is likely to find support around 01.12 area and resistance above 1.13 level. Later today, Eurozone Manufacturing PMI figures are scheduled for a release.
Read more...- Popular
-
UK still likely to leave the EU with a negotiated agreement, says Number 10
A successful deal with the European Union remains the “most… -
Sentix Investors Confidence rose to 14.7 in August
The summer heat in Europe is also causing economic temperatures… -
German factory orders -4.0% seasonally adjusted on the previous month
Based on provisional data, the Federal Statistical Office (Destatis) reports… -
China's July exports growth still seen holding up despite U.S. tariffs: Reuters poll
China's exports are expected to have maintained solid growth in…
Tags
About Us
Forex Web News is part of Rolling Capital Network providing financial consulting.
Within the Forex Web News we provide our readers with expert and timely technical analyses, fundamental analyses and news; with one aim – for our readers to make best possible financial decisions.
Forex Web News desks and analysis department follow the international markets closely and create high quality proprietary content on a both daily and weekly basis.
.
All our analysts have several years of trading and analysis experience. The Forex Web News analysis team creates daily and weekly analyses and offer forecasts regarding where they believe the markets are heading. Our readers are provided with data displayed both in texts and on graphs, providing them the fullest understanding of what is happening in the market place.
We are constantly growing our news desks and our analysis departments as we strive to broaden the content we provide to visitors of the Forex Web News.
Menu
Disclaimer
Rolling-capital.com – The company, employees, subsidiaries and associates, are not liable nor shall they be held liable jointly or severally for any loss or damage as a result of reliance on the information provided on this website. The data contained in this website is not necessarily provided in real-time nor is it necessarily accurate. All prices herein are provided by market makers and not by exchanges. As such prices may not be accurate and they may differ from the actual market price. rolling-capital.com bears no responsibility for any trading losses you might incur as a result of using any data within the Forex Web News.