German industrial production (seasonally adjusted) in Germany dropped by -6.7% YoY vs -4.3% exp. and -3,86% previously
- Industrial production dropped by -2.5% MoM vs 0.1% exp. and -0.1% previously
EURUSD almost didn't react to again very weak data from Germany industrial sector.
Source: xStation5
Daily summary: Oil slumps 8% supporting Wall Street, precious metals and EURUSD
Economic calendar: ADP report and PMI data from Europe 🔎
Morning wrap (06.05.2026)
Economic calendar: US Services ISM and JOLTS report in focus