Rolling coverage of the latest economic and financial news, including another worrying drop in demand for German manufactured goods
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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.
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? pic.twitter.com/7HP2t7Tua6