欧元/纽币 (EURNZD) 加自选

HCOB欧元区综合采购经理人指数从上个月的50.9微升至2025年8月的51，略低于51.1的初步估计，但仍高于最初的市场预期50.7。这一结果反映了欧元区私营部门活动一年来连续第三次加速扩张，制造商再次反弹（7月份为50.7比49.8），服务提供商增长放缓（50.5）。尽管新出口订单减少，但新订单总量在15个月内首次增加。新产能需求的信号促使企业增加了14个月来最多的员工人数。与此同时，投入成本通胀加速至五个月高点，随后提高了产出费用。尽管标题读数走强，但由于对美国关税和欧元区经济逆风的担忧，商业信心在此期间基本保持不变。

The HCOB Eurozone Composite PMI inched higher to 51 in August of 2025 from 50.9 in the previous month, revised marginally lower from the flash estimate of 51.1 but remaining ahead of the initial market expectations of 50.7. The result reflected a third consecutive acceleration for the Eurozone's sharpest expansion in private sector activity in one year, with a fresh rebound among manufacturers (50.7 vs 49.8 in July) and slower growth for service providers (50.5). New orders at the aggregate level increased for the first time in 15 months, despite a reduction in new export orders. The signal of new capacity demand drove firms to increase their headcounts the most in 14 months. Meanwhile, input cost inflation accelerated to a five-month high, subsequently lifting output charges. Despite the stronger headline reading, business confidence was broadly unchanged in the period amid concerns of tariffs from the US and economic headwinds in the Euro Area.