Latest data released by Markit/BME - 1 April 2019

The preliminary reading can be found here. This confirms a third straight month of contraction with new orders posting their steepest drop since April 2009. If anything, this just further intensifies calls of a manufacturing recession in the German economy right now.

The bright side is that a lot of the negativity has been factored into the initial release. EUR/USD holds steady at 1.1235 still.