Glossary
Courses & Webinars
Economic events
Modules
What is the Purchasing Managers Index - Manufacturing and Services sectors?
The Purchasing Managers’ Index, or the PMI, is an index which is based on a survey for two separate sectors. The PMI will have a report based on a study completed by 800 Purchasing Managers from the Services Sector and separate information completed by purchasing managers from the manufacturing sector.
The survey will be completed based on new orders, inventory levels, production, supplies and employment. If the PMI figure is above 50.00, it indicates economic growth is likely. A figure below 50.00 shows an economic contraction is likely. The PMI can affect both the currency and stocks within the country.
Why is it important to the currency?
The PMI data can affect the currency as it indicates the economic conduction and can also affect the monetary policy. The currency may be positively influenced if the figure is above 50.00 and higher than the market’s previous expectation. If the figure is lower than expectations, the money may be pressured.
Why is it important to the Stocks?
A higher-than-expected PMI report can positively affect the stock market as long as it is not increasing the chances of higher interest rates. A lower-than-expected PMI report will negatively affect the stock market unless it is likely to make the monetary more attractive for the stock market.
➡️ Next event
11. Flash PMI Services and Manufacturing EU.jpg
20.06.24
|
07:15
High Impact
Flash PMI Services and Manufacturing
Assets potentially to be affected:
EUR, DAX, CAC and EU Stocks
🗒️ Latest reports
PMI, July 24th
PMI July.PNG
EURUSD price dynamics
Time
Performance
10 minutes
Down
4 hours
Down
24 hours
Down
PMI, June 23rd
pmi june.PNG
EURUSD price dynamics
Time
Performance
10 minutes
Down
4 hours
Unchanged
24 hours
Up
PMI, May 23rd
PMI May.PNG
EURUSD price dynamics
Time
Performance
10 minutes
Up
4 hours
Unchanged
24 hours
Unchanged

Copyright © 2024 – All rights reserved.

NAGA is a trademark of The NAGA Group AG, a German based FinTech company publicly listed on the Frankfurt Stock Exchange | WKN: A161NR | ISIN: DE000A161NR7.

The website is owned by The NAGA Group AG and operated by NAGA Capital Ltd which is authorised and regulated by the Financial Services Authority Seychelles (FSA) under licence No. SD026. The registered address of CT House, Office 9A, 2nd Floor, Providence, Mahe, Seychelles.
Tel: +2482574498

The group also includes NAGA Global (CY) Ltd, with registered address at Nikokreontos 2, NICE DREAM, 6th floor, Flat/Office 601, 1066, Nicosia, Cyprus. NAGA Global (CY) Ltd is wholly owned by The NAGA Group AG.

RISK WARNING: Derivatives are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how derivatives work and whether you can afford to take the high risk of losing your money. This is not investment advice. Trading with NAGA Trader by following and/or copying or replicating the trades of other traders involves high levels of risks, even when following and/or copying or replicating the Lead Traders. Such risks include the risk that you may be following/copying the trading decisions of possibly inexperienced/unprofessional traders, or traders whose ultimate purpose or intention, or financial status may differ from yours. Before making an investment decision, you should rely on your own assessment of the person making the trading decisions and the terms of all the legal documentation.

Restricted countries: NAGA Capital Ltd does not provide services for the residents of certain countries, such as Afghanistan, Albania, American Samoa, Anguilla, Australia, Austria, Barbados, Belarus, Belgium, Bermuda, British Indian Ocean Territory, Bulgaria, Burkina Faso, Canada, Cayman Islands, Central African Republic, Christmas Island, Cocos (Keeling) Islands, Congo, The Democratic Republic of the, Croatia, Cyprus, Czech Republic, Denmark, Estonia, Falkland Islands (Malvinas), Finland, France, Germany, Gibraltar, Greece, Guam, Haiti, Heard Island and McDonald Islands, Hungary, Iceland, Iran, Islamic Republic of, Ireland, Isle of Man, Israel, Italy, Jamaica, Japan, Jersey, Korea, Democratic People's Republic of, Latvia, Libyan Arab Jamahiriya, Liechtenstein, Lithuania, Luxembourg, Mali, Malta, Montserrat, Mozambique, Myanmar, Netherlands, New Zealand, Norfolk Island, Norway, Palestinian Territory, Occupied, Pitcairn, Poland, Portugal, Romania, Russian Federation, Saint Helena, Ascension and Tristan Da Cunha, San Marino, Senegal, Serbia, Slovakia, Slovenia, Somalia, South Georgia and the South Sandwich Islands, South Sudan, Spain, Sri Lanka, Sweden, Switzerland, Syrian Arab Republic, Trinidad and Tobago, Tunisia, Turks and Caicos Islands, Uganda, Ukraine, United Kingdom and any other countries where the citizens have British proof of identity (i.e. British Virgin Island, Gibraltar, Isle of Man etc.), United States, U.S. Minor Islands, Vanuatu, Virgin Islands, British, Virgin Islands, U.S., Yemen, and Zimbabwe.