Manufacturing PMI. Germany, 10:55 (GMT+2) 02 Nov

02Nov.202309:55

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

At 10:55 (GMT+2), October data on the business activity index in the German manufacturing sector will be published. The indicator is based on a survey of purchasing and supply managers of leading national enterprises in all industries, and their attitude to the current economic situation and prospects for its further development is assessed. The index is expected to rise from 39.6 points to 40.7 points, supporting the euro.

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02 Nov. 2023 10:00

Manufacturing PMI. EU, 11:00 (GMT+2)

At 11:00 (GMT+2), October purchasing managers index in the manufacturing sector of the EU countries will be presented. The indicator is based on a survey of purchasing and supply managers of leading national enterprises in all industries, assessing their attitude to the current economic situation and prospects for its further development. The index is expected to decline from 43.4 points to 43.0 points in October, putting pressure on the euro.

02 Nov. 2023 09:55

Unemployed change. Germany, 10:55 (GMT+2)

At 10:55 (GMT+2), October data on changes in the number of unemployed citizens will be published in Germany. The rising trend reflects weakness in the national labor market and hurts consumer spending and therefore economic growth. It is expected that the figure will adjust from 10.0K to 15.0K.

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