TeleTrade - Analytics

    TeleTrade

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    Destatis released its factory orders data for Germany on Thursday. German seasonal adjusted factory orders jumped 0.9% in March, missing expectations for a 1.5% increase, after a 0.9% drop in February.

     

     

    Domestic orders climbed by 4.3% in March, while foreign orders dropped by 1.65.

     

     

    New orders from the Eurozone rose 2.5% in March, while orders from other countries decreased 4%.

     

     

    The intermediate- and capital goods orders were up 0.9% and 1.3% in March. Consumer goods orders fell 2.2%.


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