Open Demo Account
Home / Market Update / German Factory Orders Rebound in September

German Factory Orders Rebound in September

Adel 4 November, 2021 3:07 pm Market Update

The German Factory Orders rebounded less than expected in September, suggesting that the recovery in the manufacturing sector of Europe’s economic powerhouse seems to be losing momentum. Contracts for goods ‘Made in Germany’ jumped 1.3% on the month vs. 2.0% expected and -7.7% last, the latest data published by the Federal Statistics Office showed on Wednesday.

Tags

Check Also

Bank of Japan Holds Rates at 0.5%, Signals More Hikes Ahead

The Bank of Japan (BOJ) kept its benchmark interest rate unchanged at 0.5% on Wednesday, …

This site contains information and opinions for the purpose of providing only general information and can not be relied upon. The information and opinions contained in this Site shall in no way constitute an offer or solicitation to buy, sell or subscribe to any investment product. Users of this site shall bear any risks arising from the use of any information, opinion, program, service or material. Noor Trends reserves the right to make any change to the Site, the information, opinions, materials, products, programs, services or prices (if any) at any time without notice.
All copyrights reserved Noor Trends