German factory orders jump in October

German factory orders for October 2016

• Factory orders 4.9% vs 0.6% exp m/m. Prior -0.6%. Revised to -0.3%

• 6.3% vs 1.6% exp y/y WDA. Prior 2.6%. Revised to 2.9%

• Domestic orders 6.3% vs -1.0% prior m/m

• Export 3.9% vs 0.2% prior m/m

A very good jump in orders to the highest in over a year.

German factory orders y/y