Eurozone Preliminary Manufacturing PMI steadies at 49.4 in June vs. 49.8 expected

Eurozone Manufacturing PMI stayed at 49.4 in June, missing 49.8 forecast.
Bloc’s Services PMI increased to 50 in June vs. 50 expected.
EUR/USD holds losses at around 1.1500 after German, Eurozone PMI data.

The Eurozone manufacturing sector remained in contraction, while the services sector prodded the expansion territory in June, according to data from the HCOB's latest Purchasing Managers' Index (PMI) Survey, published on Monday.

The Eurozone Manufacturing Purchasing Managers Index (PMI) remained unchanged at 49.4 in June, missing the market expectations of 49.8.

Jun 23, 2025

Eurozone HCOB Manufacturing PMI came in at 49.4, below expectations (49.8) in June

NZD/USD falls to near 0.5900 due to risk-off sentiment following US attack on Iran

NZD/USD continues its losing streak for the third successive session, trading around 0.5900 during the European hours on Monday. The NZD/USD pair loses ground amid dampened risk sentiment, driven by the escalating Middle East tension.