Trading
Explore a wide range of markets with competitive pricing, deep liquidity, and advanced trading tools.
Learn More 
Platform
Trade seamlessly with TMGM's powerful platform, built for speed, precision, and a superior trading experience.
Learn More Trading Platform
Academy
Learn the fundamentals of trading with beginner-friendly resources, including guides, webinars, and market insights.
Learn More News & Analysis
Get real-time market updates and expert analysis to stay ahead of trading opportunities
Learn More News & Analysis
About
Learn what sets TMGM apart — our global presence, regulatory strength, and commitment to innovation in trading.
Learn More Why Choose TMGM
Sponsorship
October decline takes Eurozone HCOB Composite PMI to 51.9, below the 52.7 forecast
Eurozone business activity continued to expand, but at a slower pace, as October's flash HCOB Composite Purchasing Managers' Index (PMI) slipped to 51.9 from September's 53.1. The reading fell short of the market forecast of 52.7.
The Services PMI eased from 53 to 51.7 over the period, while the Manufacturing PMI dropped from 52.9 to 52.4.
Chris Williamson, Chief Business Economist at S&P Global Market Intelligence, offered this assessment of the survey: "the Eurozone economy starts the fourth quarter with businesses reporting further robust growth, the flash PMI being consistent with GDP growing at a 0.3% quarterly cadence," he noted.
Williamson added: "While that’s below the pace enjoyed in September it is still among some of the best performances seen over the past three years,"
How is EUR/USD reacting to the Eurozone PMI data?
Following the PMI release, EUR/USD remains marginally below 1.1200, trading in negative territory as it struggles to build momentum.
POPULAR ARTICLES
1$127 target in focus as Brent resumes uptrend – Societe Generale2Euro falls to new 17-month lows against British Pound following Eurozone and UK PMI releases3CEE FX: How are risk-off sentiment and energy pressures constraining regional currencies? – ING4Pi Network Price Forecast: Mixed technicals limit upside as PI maintains modest gains5Japanese Yen: Are further gains against US Dollar on the cards? - UOB6UK S&P Global Composite PMI beats 51.8 forecast with October rise to 53.17Euro struggles near 1.1200 against a recovering USD, remaining under pressure after lacklustre PMIs8Russian Rouble: Policy Pause Expected as Inflation Risks Persist – Commerzbank9New Zealand Dollar stalls below 0.5700 amid Oil-driven weakness in risk appetite
LIVE QUOTES
ALL ABOUT FOREX
What Is a Stop Loss, How Does It Work and How Do You Set One?
Margin Call Meaning: What It Is, What Triggers It, and How to Avoid One
What Is an Islamic Account in Forex?
Best Indicators for Forex Trading and How to Use Them
The Top 10 Most Traded Currency Pairs in the World
What are the Major Forex Pairs? 7 Major Currency Pairs in the World
5 Best Forex Trading Apps In India In 2026
Top 15 Weakest Currencies in the World
Best Time to Trade Forex
Get Started!
Sign up and access the Global Markets in less than 3 minutes
Connect With Us
Contacts
Phone: +61 2 8036 8388
Fax: +61 2 8036 8388
Email: support@tmgm.com
The information provided on this website is of a general nature only and does not constitute personal financial advice. Before acting on any information on this website, you should consider the suitability of the information in relation to your objectives, financial situation and needs. Investing in CFDs and FX Margin Contracts carries significant risks and is not suitable for all investors. You may lose more than your initial deposit. You do not own, or have, any interest in the underlying asset. We recommend that you seek independent advice and ensure you fully understand the risks involved before trading. It is important that you read and consider the disclosure document before you acquire any product listed on the website. The information and advertisements offered on this website are not intended for use by any person in any country or jurisdiction where such use would be contrary to local laws and regulations. The Products and Services offered on this website are not intended for residents of the United States, Malaysia and Thailand.
TMGM is authorized and regulated in various jurisdictions.
Trademax Australia Limited, trading as TMGM, is regulated by the Australian Securities and Investments Commission (ASIC), AFSL no. 436416 and is located at Level 28, One International Tower, 100 Barangaroo Avenue, 2000 Sydney, NSW Australia.
Email: support@tmgm.com.au
Trademax Global Limited, trading as TMGM, is authorized and regulated by the Vanuatu Financial Services Commission (VFSC), registration number 40356 and registered at 1276, Kumul Highway, Port Vila, Vanuatu, Republic of Vanuatu.
Email: support@tmgm.com
Trademax Global Markets (SE) Limited, trading as TMGM, is authorized and regulated by the Financial Services Authority (FSA) of Seychelles, with license number SD224. The company is registered at Office No 13, Providence Estate ABIS Centre, Mahe, Seychelles.
Email: support@tmgm.com
Trademax Global Markets (International) Pty Ltd, trading as TMGM, is authorized and regulated by the Financial Services Commission, Mauritius (FSC) with license no. GB22201012, and registered at 33, Edith Cavell Street C/o IQ EQ Fund Services (Mauritius) Ltd Port Louis, 11324 Mauritius.
Email: support@tmgm.com
Copyright © TMGM. All rights reserved