Spain HCOB Services PMI
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High Potential Impact
This event has a strong potential to move markets significantly. If the ‘Actual’ value differs enough from the forecast or if the ‘Previous’ value is significantly revised, it signals new information that markets may rapidly adjust to.
Medium Potential Impact
This event may cause moderate market movement, especially if the ‘Actual’ deviates from the forecast or there’s a notable revision to the ‘Previous’ value.
Medium Potential Impact
This event is unlikely to affect market pricing unless there’s an unexpected surprise or a major revision to prior data.
Surprise - Currency May Strengthen
'Actual' deviated from 'Forecast' on a medium or high impact event and historically could strengthen the currency.
Surprise - Currency May Weaken
'Actual' deviated from 'Forecast' on a medium or high impact event and historically could weaken the currency.
Big Surprise - Currency More Likely To Strengthen
'Actual' deviated from 'Forecast' more than 75% of historical deviations on a medium or high impact event and may likely strengthen the currency.
Big Surprise - Currency More Likely To Weaken
'Actual' deviated from 'Forecast' more than 75% of historical deviations on a medium or high impact event and may likely weaken the currency.
| Green Number | Better than forecast for the currency (or previous revise better) |
| Red Number | Worse than forecast for the currency (or previous revise better) |
| Hawkish | Supports higher interest rates to fight inflation, strengthening the currency but weighing on stocks. |
| Dovish | Favors lower rates to boost growth, weakening the currency but lifting stocks. |
| Date | Time | Actual | Forecast | Previous | Surprise |
|---|---|---|---|---|---|
53.1 |
53.2 | 54.9 |
-0.1 | ||
54.9 |
56.8 | 57 |
-1.9 | ||
57 |
54 | 54.6 |
3
|
||
54.6 |
54.5 | 53.9 |
0.1 | ||
53.9 |
56 | 56.8 |
-2.1
|
||
56.8 |
56.4 | 56.9 |
0.4 | ||
56.9 |
56 | 56.2 |
0.9 | ||
56.2 |
56 | 56.1 |
0.2 | ||
56.1 |
55.5 | 54.7 |
0.6 | ||
54.7 |
53.5 | 52.1 |
1.2 | ||
52.1 |
52.1 | 51.5 |
|||
51.5 |
51.2 | 51 |
0.3 | ||
51 |
51.5 | 51.1 |
-0.5 | ||
51.1 |
49.3 | 50.5 |
1.8 | ||
50.5 |
49.8 | 49.3 |
0.7 | ||
49.3 |
51.5 | 52.8 |
-2.2
|
||
52.8 |
53.4 | 53.4 |
-0.6 | ||
53.4 |
55.5 | 56.7 |
-2.1
|
||
56.7 |
56.9 | 57.9 |
-0.2 | ||
57.9 |
59.9 | 59.4 |
-2 |
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