S&P Global Services PMI (EUR) comes in at 51.7 against 51.6 consensus
| Pair | Now | Since publish |
|---|---|---|
| EURUSD | — | — |
The S&P Global Services PMI for the Eurozone was released today, August 5, 2026, at 51.7. This figure came in slightly above the market consensus of 51.6. The previous month’s reading was also 51.6. The actual print represented a 0.2% surprise against the consensus expectation.
Following the release, EUR pairs showed varied initial movements. Fifteen minutes after the data, EURAUD was up 4.9 pips, EURCAD was unchanged at 0.0 pips, EURCHF gained 2.2 pips, and EURGBP rose by 2.3 pips. EURJPY increased by 6.1 pips, while EURNZD saw a rise of 10 pips. EURUSD moved down by 0.3 pips. These observed movements are generally smaller than the median 1-hour moves typically seen after past releases of this event. For example, EURAUD’s median 1-hour move is 12 pips, EURCAD’s is 9 pips, EURCHF’s is 5 pips, EURGBP’s is 8 pips, EURJPY’s is 9 pips, EURNZD’s is 13 pips, and EURUSD’s is 7 pips.