• Skip to main content
  • Skip to secondary menu
  • Skip to primary sidebar
  • Skip to footer
  • Best Managed Accounts
  • Forex Robots
  • Forex Brokers
  • Forex Signals
  • Social Trading Platforms

Forex Traders Guide

The Ultimate Forex Knowledge Base

  • Robots
  • Start Guide
  • Glossary
  • Basics
    • Currency Pairs
    • Charts
    • Candlesticks
    • Trading Tips
  • Strategies
    • Technical Analysis
    • Fundamental Analysis
    • Day Trading
    • Scalping
    • Swing Trading
    • Trend Following
  • News
  • Reviews
    • Forex Robots
    • Forex Brokers
  • Mustreads
  • Crypto Trading

Eurozone Records the Fastest Expansion in Business Activity in Over 15 Years

August 4, 2021 by Forex Winner Leave a Comment

Eurozone Records the Fastest Expansion in Business Activity in Over 15 Years

Source: IHS Markit

The Eurozone recorded the fastest expansion in business activity since June 2006, with the component index up to 60.4 in July, from 58.3 in June.

DAX is up +0.64%, EURUSD is down -0.13%.

  • The Composite Output Index rose to 60.2 in July, from 59.5 in June, slightly below a preliminary “flash” estimate of 60.6, and marked the fifth consecutive month of expansion.
  • Germany led the growth, with expansion in activity hitting a record high, while France and Spain had softer rises in output. 
  • Job creation rose at a fast rate in Germany and Italy, although it cooled in France and Spain.
  • Input costs surged at the strongest rate since September 2000, but the pace cooled, with output charge inflation unchanged from June.
  • Businesses remained optimistic of conditions in the next 12 months, but the confidence fell to a four-month low.

Best Forex Robots ›

Compare leading trading systems on the market

Filed Under: Forex News Tagged With: DAX, EURUSD

Reader Interactions

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Primary Sidebar

Best Forex Robots

  1. Techberry 8.7
  2. Happy Forex 8.0
  3. Forex Fury 7.7
  4. Promax Gold EA 6.8
  5. Gump EA 6.4

Best Forex Brokers

  1. Techberry 8.7
  2. XM 8.2
  3. eToro 8.1
  4. Pepperstone 8.1
  5. IG 8.0

Latest News

Warning Signs in S&P Semiconductors Index

September 25, 2023

Mexico’s Inflation Eases in September

September 22, 2023

The Potential Government Shutdown: Should Investors Be Concerned?

September 21, 2023

Footer

Forex Broker Reviews

JAFX

JAFX Review

October 29, 2019 By Forex Winner

Forex King EA Review

May 22, 2023 By Forex Winner

Trading 212

Trading 212 Review

April 25, 2019 By Forex Winner

Forex Robot Reviews

Earn2Trade Review

August 20, 2023 By Andre

FundedNext Review

August 16, 2023 By Andre

Topstep Forex Review

August 14, 2023 By Andre

EMAIL NEWSLETTER

Sign up to receive exclusive forex trading guides and insights from our team of experts!

Copyright © 2023 · Forex Traders Guide · About Us · Contact Us
Privacy Policy · Risk Disclosure