6:05 AM · 6 July 2023

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

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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Losses can exceed deposits

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