EUR/USD
1.12344
0.600%
Gold
3903.05
0.495%
Oil
98.844
-3.299%
USD/JPY
157.635
0.073%
GBP/USD
1.34444
0.366%
GBP/JPY
211.935
0.438%
Real-time News
The final reading of the Eurozone manufacturing PMI for October was 52.7, below the expected 52.4 and the previous reading of 52.4.Germanys October manufacturing PMI report showed that output and new orders grew steadily in October, although the pace slowed slightly. Employment is nearing stability as backlogs continue to increase. Input price inflation surged to its highest level in five months, putting pressure on business expectations.Germanys final October manufacturing PMI was 54.2, in line with expectations and unchanged from the previous month.November 2nd - Joe Hayes, Chief Economist at S&P Global Market Intelligence, stated, "French manufacturing is unable to generate genuine growth momentum. A sharp deterioration in demand in October further reduces the likelihood of a short-term recovery in manufacturing. Businesses seem to agree, with the surveys business confidence index falling to a 12-month low. Continued supply chain disruptions and high energy prices have led to significantly increased cost pressures, limiting companies ability to improve competitiveness by lowering product prices. Declines in employment, purchasing activity, and inventories indicate that companies are adopting cost-cutting strategies amid the ongoing global energy crisis and related geopolitical headwinds."The French PMI report shows that in October 2026, new orders will fall at the fastest pace since July 2025; output will decline after several months of growth; and inflation rates for input costs and output costs will accelerate.
