S&P Global Composite PMI (EUR) comes in at 52 against 51.9 consensus

The S&P Global Composite PMI for the Eurozone was released today, August 5, 2026, at 52. This figure came in slightly above the consensus expectation of 51.9. The previous reading was also 51.9. The print represents a 0.2% surprise relative to the consensus forecast.

Approximately 15 minutes after the release, EUR pairs showed varied movements. EURAUD was up 4.9 pips, EURCAD was flat at 0.0 pips, and EURCHF gained 2.2 pips. EURGBP rose by 2.3 pips, EURJPY increased by 6.1 pips, and EURNZD saw a notable rise of 10 pips. EURUSD moved down by 0.3 pips. These initial moves are generally smaller than the median 1-hour movements observed after past releases of this event. For context, the median 1-hour move for EURAUD is 12 pips, for EURCAD 9 pips, for EURCHF 5 pips, for EURGBP 8 pips, for EURJPY 9 pips, for EURNZD 13 pips, and for EURUSD 7 pips. Direction reliability statistics are not yet available for this event.