S&P Global Services PMI (EUR) comes in at 51.7 against 53.7 consensus
| Pair | Now | Since publish |
|---|---|---|
| EURUSD | — | — |
The S&P Global Services PMI for the Eurozone was released today, August 21, 2026, at 08:00 UTC. The actual figure came in at 51.7. This was below the market consensus expectation of 53.7. The print represented a -3.7% surprise versus consensus. The current reading of 51.7 matched the previous month’s figure of 51.7.
Measured market reaction in EUR pairs has been relatively limited in the 15 minutes following the release. EURAUD moved -1.0 pips, EURCAD moved +0.5 pips, EURCHF moved +1.4 pips, EURGBP moved +2.8 pips, EURJPY moved +6.0 pips, EURNZD moved +7.1 pips, and EURUSD moved +4.3 pips. These movements are generally small when compared to the typical median 1-hour moves observed after past releases. For instance, EURUSD typically sees a median 1-hour move of 7 pips, EURJPY 9 pips, EURAUD 12 pips, and EURNZD 13 pips. EURCHF’s median 1-hour move is 5 pips, EURGBP’s is 8 pips, and EURCAD’s is 9 pips.