Higher numbers than forecast tend to be bullish for EUR/xxx pairs and bearish for xxx/EUR pairs.
The typical/expected market impact of this event is low.
There is no forecast value for S&P Global Services PMI yet - check back for updates.
The most recent announced value for S&P Global Services PMI was 52.5 against a forecast of 51.4.
Recent economic data has been moderately bullish for EUR. Other recent announcements which may affect the market's interpretation of the next S&P Global Services PMI result:
| Country: | Italy | 
|---|---|
| Currency: | EUR | 
| Source: | IHS Markit | 
| Category: | Economic Activity | 
| Frequency: | Monthly |