• biggest monthly fall since Sept 2011
  • -1.6% prev revised up from -1.7%
  • WDA yy -2.4% vs +1.1% vs +7.7% prev revised up from +5.5%
  • capital goods orders mm -6.4%
  • consumer goods orders mm -0.4%
  • export orders -4.1% from previous month

Ouch, a horrible reading adding to other recent German data woes

EURUSD understandably on session lows at 1.3358

Barrier option defence into 1.3350 now under threat but not to be underestimated

German industrial orders June

German industrial orders June

German industrial orders mm

German industrial orders mm