Germany factory orders Sept mm -0.6% vs +0.2% exp

Germany September factory orders report 7 Nov

• +0.9% prev revised down from +1.0%


• yy WDA +2.6% vs +3.5% exp vs +2.0% prev revised down from +2.1%

Not good news and a reality check for Germany and indeed the Eurozone

Euro pairs a tad lower but bigger fish to fry right now in the global picture. Keep this data in mind though. Plenty of talk out of Germany recently about better Q3/H2 growth and this isn"t supporting that expectation.

Germany factory orders Sept mm -0.6% vs +0.2% exp
Germany factory orders Sept mm -0.6% vs +0.2% exp
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