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Germany Factory Orders MoM

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Germany Factory Orders MoM

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Status

 
Latest Release
Dec 05, 2024
Actual
-1.5%
Forecast
-2.0%
Previous
4.2%
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.

A higher than expected reading should be taken as positive/bullish for the EUR, while a lower than expected reading should be taken as negative/bearish for the EUR.
Importance:
Country:
Currency: EUR
Source: Bundesministerium für Wirtsch...
Germany Factory Orders MoM
 
Release Date Time Actual Forecast Previous
Dec 05, 2024 (Oct) 02:00 -1.5% -2.0% 4.2%
Nov 06, 2024 (Sep) 02:00 4.2% 1.6% -5.4%
Oct 07, 2024 (Aug) 01:00 -5.8% -1.9% 3.9%
Sep 05, 2024 (Jul) 01:00 2.9% -1.6% 4.6%
Aug 06, 2024 (Jun) 01:00 3.9% 0.4% -1.7%
Jul 04, 2024 (May) 01:00 -1.6% 0.5% -0.6%

News

Dollar retreats ahead of initial claims; euro sees upside
Dollar retreats ahead of initial claims; euro sees upside By Investing.com - Dec 05, 2024

Investing.com - The US dollar slipped slightly Thursday ahead of the release of more important labor market data, while the euro climbed slightly despite French political turmoil.  At 05:20 ET (10:20...

Dollar stable after payrolls gains; euro slips on weak data
Dollar stable after payrolls gains; euro slips on weak data By Investing.com - Oct 07, 2024

Investing.com - The U.S. dollar stabilized Monday, holding onto the gains seen after Friday’s strong jobs report at the start of a week that includes the release of key inflation data as well as the...

Analysis

Fawad Razaqzada
Opening Bell: Stocks Face Risk of Further Falls By Fawad Razaqzada - Sep 07, 2023

At the time of writing in mid-morning European trade, the German DAX was among a number of European markets to turn slightly positive on the session, recovering from a weak start. However, sentiment...

Fawad Razaqzada
DAX Set for Correction After Impressive Recovery By Fawad Razaqzada - Dec 07, 2022

Global indices are starting retreat as recession fears replace the peak inflation narrative DAX ends recent consolidation with a break of short-term trend This combination of factors may encourage the...

German Factory Orders (MoM) Discussion

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