BREAKING: EUR muted after German production miss

German industrial production data for June was released this morning at 7:00 am BST. Report was expected to show a 0.4% MoM drop in German industrial output, following a 0.2% MoM drop in May. However, actual data showed production dropping by 1.5% MoM in June. On an annual basis, production dropped 1.7% YoY while market expected a drop of only 0.2% YoY.

This is another report pointing to struggles within German economy. Markets barely saw any reaction to the release. EURUSD ticked 0.05% higher following the release while DE30 gained around 0.1%. However, those moves have been erased already and now EURUSD and DE30 flat compared to pre-release levels.

Source: xStation5

17 July 2026, 7:19 AM

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16 July 2026, 7:59 AM

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

16 July 2026, 7:05 AM

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

15 July 2026, 7:14 PM

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

Economic reports

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