Eurozone manufacturing contracts less than expected

Note: This section contains information in English only.
Source: Bloomberg
The measure of manufacturing activity in the Eurozone increased from 46.7 to 48.3 in May and beat the expectations of 47.8. The gauge below 50 indicates contraction and it has not been above that level since July 2011. Better than expected manufacturing data lead to 0.3% appreciation of the Euro against the U.S. Dollar as of 10:11 a.m. Brussels's time.
Back to articles

Actual Topics

Mon, 03 Jun 2013 16:08:20 GMT

Experts predict marginal growth in U.S. manufacturing

Experts said that there would be little progress in U.S. manufacturing sector before today's official data release. Index above 50 indicates expansion and the prediction stood at 50.7. Growth in factory activity has been slowing since it reached almost a 24-month high in February 2013. It is expected that growing demand for cars and residential construction will lead to higher

Mon, 03 Jun 2013 16:07:49 GMT

Krona's appreciation is not a threat to Sweden's economy

According to IMF, the Swedish Krona's strength is not a threat to Sweden's economy and its strengthening shows the country's economic success. The Krona rose 9.7% in the year of 2012 and this appreciation was the biggest among 10 most-traded currencies. The Swedish economy grew 0.6% in the first three months of this year, beating expectations.

Subscribe to "Fundamental Analysis" feed

Subscribe
To learn more about Dukascopy Bank CFD / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
For further information regarding potential cooperation,
please call us or make callback request.
To learn more about Dukascopy Bank Binary Options / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
Chcete-li se dozvědět více o platformě Dukascopy Bank CFD / Forex, SWFX a dalších souvisejících obchodních informacích, prosím, zavolejte nám, nebo vám můžeme zavolat my.
To learn more about Crypto Trading / CFD / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
To learn more about Business Introducer and other trading related information,
please call us or make callback request.
For further information regarding potential cooperation,
please call us or make callback request.