Rolling coverage of the latest economic and financial news, including another worrying drop in demand for German manufactured goods


p class=”block-time published-time”>

Good morning, and welcome to our rolling coverage of the world economy, the financial markets, the eurozone and business.

Domestic orders decreased by 1.6% and foreign orders fell by 6.0% in February 2019 on the previous month.

New orders from the euro area were down 2.9%, new orders from other countries decreased 7.9% compared to January 2019.

#Manufacturing in February 2019: New orders -4.2% seasonally adjusted on the previous month.

Ouch! More disappointing data from the German economy today. Factory orders fell 4.2% m/m in Feb., with expectations for a 0.3% increase

White House says President Trump will meet with Chinese Vice Premier Liu He at 4:30p on Thurs. A trade deal imminent?

Continue reading…

Read More German factory orders suffer biggest fall in two years – business live

Facebook Comments