Eurozone Flash PMIs (FR/DE/EU)
Around the 23rd of the month, morning sequence · 09:15-10:00 CET
Preliminary purchasing-manager surveys for France, Germany and the euro area, released in sequence over 45 minutes. They are the earliest broad monthly read on European growth.
The sequencing matters: a French miss at 9:15 primes positioning for the German print at 9:30, and the euro often completes its move before the aggregate number even lands.
What it measures
S&P Global's preliminary purchasing-manager surveys for France (9:15), Germany (9:30) and the euro area (10:00 CET), manufacturing and services each.
Why the economy cares
The earliest broad monthly read on European growth — flash estimates lead the final PMIs and most hard data by weeks.
How it maps onto the chart
Weak prints → EUR pressured, bunds bid; strong → the reverse. The sequenced release means the euro often front-runs the aggregate: France primes the German print, Germany decides the move.
Price behavior around the release
Before
Quiet Asian handoff into the French print; little dedicated positioning.
During
A 45-minute cascade rather than one candle: each print revises the running estimate, and mid-sequence reversals happen when Germany contradicts France.
After
Directional days from PMIs tend to persist through the European session; US traders inherit the move rather than reverse it.
Who lets you trade it
News-trading policy of every firm in our verified catalog, read off the firm's own pages. Details and per-program exceptions live in the firm's rules.
| Firm | Policy | Window | If violated |
|---|---|---|---|
| Alpha Capital | Restricted (funded) | ±5 min | Profit removed |
| Apex Trader Funding | Allowed | — | — |
| AquaFunded | Allowed | ±5 min | Profit share reduced |
| Atlas Funded | Restricted (funded) | ±5 min | Profit removed |
| Blue Guardian | Restricted (funded) | ±5 min | Profit removed |
| BrightFunded | Restricted (funded) | ±5 min | Profit removed |
| Bulenox | Allowed | — | None |
| E8 Markets | Allowed | — | — |
| Earn2Trade | Allowed | — | None |
| FTMO | Restricted (funded) | ±2 min | Account breach |
| Funded Trading Plus | Allowed | — | None |
| FundedNext | Allowed | ±5 min | Profit share reduced |
| FundingPips | Restricted (funded) | ±5 min | Profit removed |
| FXIFY | Allowed | — | — |
| Lucid Trading | Allowed | — | — |
| MyFundedFutures | Restricted (funded) | ±2 min | — |
| Take Profit Trader | Restricted (funded) | — | — |
| The5ers | Allowed | — | — |
| Topstep | Allowed | — | — |
| Tradeify | Allowed | — | — |
Policies verified 2026-08-22 and re-checked weekly. Restricted usually applies to funded accounts only — evaluations are commonly exempt; open the firm's rules for the exact split.