BREAKING: German industrial orders much weaker than expected

German industrial orders came in -1.6% MoM vs 0.5% exp. and -0.2% previously

The reading weakened the EURUSD however volume and reaction to German data is not very significant. However, the reading may be a sign that European industrial sector is still far from recovering and may face the next 'phase' of problems in the second half of the year, pressuring more ECB rate cuts.

Source: xStation5

16 July 2026, 07:59

Economic Calendar: Earnings, US Retail Sales and Fed to Fight for Investors' Attention (16.07.2026)

16 July 2026, 07:05

BREAKING: GBPUSD up 0.1% after better-than-expected UK GDP data 🇬🇧 📈

15 July 2026, 19:14

Daily Summary: Wall Street Gains, Dow Jones Near All-Time Highs After Softer PPI Data

15 July 2026, 13:53

Market Wrap: Indices gain on technology stocks rise and lower US PPI data

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