by Fri, 01 Apr 2011 10:01:00 +0200
Germany: PMI Manufacturing drops to 60.9 in March
FXstreet.com (Barcelona) - The German PMI regarding manufacturing dropped as expected to a reading of 60.9 in March, compared to the prior 62.9.
The Manufacturing Purchasing Managers Index (PMI) released by the Markit economics captures business conditions in the manufacturing sector. As the manufacturing sector dominates a large part of total GDP, the manufacturing PMI is an important indicator of business conditions and the overall economic condition in Germany. Normally, a result above 50 signals is bullish for the EUR, whereas a result below 50 is seen as bearish.
Actualité du forex
Forex News
English
Français
- Forex Trade 16 Feb, Employment Change, Unemployment Rate, Ecb Publishes Feb. Monthly Report
- Oil Maintains Bullish Trend amid Middle East Tensions
- Risk Aversion Turns EUR Bearish
- USD Moves Up Following Fresh Euro-Zone Worries
- JPY Moves Up on EUR Following Greek News
- L'euro Poursuit Sa Chute, Le Marché Sanctionne Les Tergiversations Autour Du Dossier Grec
- Report du versement des aides à la Grèce, les marchés se contractent
- Le pétrole conserve une tendance haussière au milieu des tensions du Moyen-Orient
- L'aversion au risque peut avérer un Euro Baissier
- USD progresse face aux inquiétudes fraiches de l'Euro-Zone.