August 2017 German fatory orders 06 October 2017

  • Prior -0.7%. Revised to -0.4%
  • 7.8% vs 4.7% exp y/y. Prior 5.0%. Revised to 5.4%

Good numbers from Germany with export orders leading the way. Domestic orders +2.7% m/m, foreign 4.3%. There was a 7.7% rise in orders from outside the Eurozone. The euro managed a 10 pip rise to 1.1705 on the data but it back under the big figure at 1.1690.

 

Ryan Littlestone

Psychedelic chartist extraordinaire. Have your shades ready.
Philosophy: “Don’t be a Dick for a tick”

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