Manufacturing PMI. Germany, 10:55 (GMT+2)

Manufacturing PMI in Germany is due at 10:55 (GMT+2). The indicator is expected to remain unchanged on the level of 52.3 points in October. The index shows economic conditions in manufacturing sector, and prospects for further development. It is one of the main indicators of the state of German economy. Values above 50 are perceived as a positive signal and strengthen EUR. Values below 50 are perceived as a negative signal and call for decreasing EUR rate.

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