Eurozone Manufacturing PMI Declines to 49.6 in November
Written by Emily J. Thompson, Senior Investment Analyst
Source: SeekingAlpha
Manufacturing PMI Decline: The Manufacturing PMI in the Euro Area fell to 49.60 points in November, down from 50 points in October 2025, indicating a contraction in the sector.
Currency Movements: The EUR/USD exchange rate increased due to recent dollar weakness and comments from the ECB President, with the dollar faltering after a U.S. shutdown deal and weak jobs data.
Market Sentiment: European markets are mixed as investors await new catalysts, reflecting uncertainty in the economic outlook.
French Economic Growth: France's economy grew by 0.5% in Q3, with inflation expected to remain steady, suggesting resilience in the French economic landscape.
Analyst Views on EWG
Wall Street analysts forecast EWG stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for EWG is USD with a low forecast of USD and a high forecast of USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
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Current: 42.820
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Current: 42.820
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About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
