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BREAKING: DE30 index is moving lower despite factory orders above expectations

7:05 AM 6 July 2023

Factory Orders in Germay for May:

  • SA: Actual: 6.4% MoM. Previous -0.4% MoM
  • WDA: Actual: -4.3% YoY. Previous -9.9% YoY

The Germany Index DE30 began its fourth consecutive day with losses, despite factory orders in Germany surpassing expectations and showing improvement compared to the previous month. The seasonally adjusted data revealed a month-on-month increase of 6.4%, exceeding the expected 1.2% and the previous month's -0.4%.

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