Latest data now out

  • -0.7% prev revised up from -1.7%
  • yy -1.4% vs -2.5% exp vs -1.0% revised down from -0.7%

EURUSD 1.0925, a tad higher on the better than expected data but still trying to make its mind up this morning

German Factory Orders measures the change in the total value of new purchase orders placed with manufacturers for both durable and non-durable goods. It is a leading indicator of production.