Spain S&P Global Composite PMI comes in at 56.5

The Spain S&P Global Composite PMI was released at 56.5. This figure represents an increase from the previous reading of 53.3. No consensus figure was available for comparison.

Following the release, the euro saw varied movements against major currencies over the initial 15 minutes. EURAUD moved up 2.0 pips, while EURCAD moved down 4.2 pips. EURCHF gained 1.5 pips, and EURGBP declined 2.8 pips. EURJPY fell 9.7 pips, EURNZD rose 2.7 pips, and EURUSD moved down 4.2 pips. These initial 15-minute movements are generally smaller than the median 1-hour moves observed after past releases. For example, EURAUD typically sees a median 1-hour move of 11 pips, and EURJPY a median 1-hour move of 14 pips.