Spain S&P Global Manufacturing PMI comes in at 50.2 against 51.5 consensus
| Pair | Now | Since publish |
|---|---|---|
| EURUSD | — | — |
Spain’s S&P Global Manufacturing PMI for August 2026 was reported at 50.2. This figure came in below the consensus expectation of 51.5. The previous month’s reading was 49.7. The actual print represents a -2.5% surprise compared to the consensus forecast.
Following the release, the euro showed varied movement against major pairs. EURAUD moved up 6.8 pips 15 minutes after the release, while EURCAD gained 1.5 pips. EURCHF moved down 0.5 pips, EURGBP gained 0.5 pips, EURJPY moved down 0.1 pips, EURNZD gained 0.6 pips, and EURUSD moved down 0.4 pips. These initial moves are relatively small when compared to the median 1-hour moves observed after past releases. For instance, EURAUD typically sees a median 1-hour move of 11 pips, EURCAD 10 pips, EURCHF 7 pips, EURGBP 5 pips, EURJPY 12 pips, EURNZD 14 pips, and EURUSD 8 pips.