Friday , 22 November 2024
Home Forex German Factory Orders drop 1.6% MoM in May vs. 0.5% expected
Forex

German Factory Orders drop 1.6% MoM in May vs. 0.5% expected

Germany’s Factory Orders unexpectedly fell in May, according to the official data published by the Federal Statistics Office on Thursday, suggesting that the German manufacturing sector recovery is in the doldrums.

Leave a comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Related Articles

European indices off to a more positive start again today

Eurostoxx +0.6%Germany DAX +0.6%France CAC 40 +0.5%UK FTSE +0.6%Spain IBEX +0.4%Italy FTSE...

What are the main events for today?

Today is the Flash PMIs Day for the Eurozone, the UK and...

Eurostoxx futures +0.2% in early European trading

German DAX futures +0.2%French CAC 40 futures +0.1%UK FTSE futures +0.4%This follows...

UK Retail Sales decline 0.7% on a monthly basis in October vs. -0.3% expected

The UK's Office for National Statistics (ONS) reported on Friday that Retail...