Latest data released by Destatis - 5 July 2018
- Prior -2.5%
- Factory orders WDA +4.4% vs +1.7% y/y expected
- Prior -0.1%
The estimates seems to be released earlier than expected. That's a much needed beat on factory/industrial data for the German economy. And that will continue to help fuel the euro's run today - or at least it won't derail it - as the single currency looks to edge higher in a follow through move of the ECB report overnight.
