{"id":76737,"date":"2022-12-06T16:39:31","date_gmt":"2022-12-06T12:39:31","guid":{"rendered":"https:\/\/noortrends.ae\/en\/?p=76737"},"modified":"2022-12-06T16:39:33","modified_gmt":"2022-12-06T12:39:33","slug":"german-factory-orders-jump-0-8-mom-in-october","status":"publish","type":"post","link":"https:\/\/noortrends.ae\/en\/german-factory-orders-jump-0-8-mom-in-october\/12\/06\/market-updates\/","title":{"rendered":"German Factory Orders jump 0.8% MoM in October"},"content":{"rendered":"\n<p>The German Factory Orders surprised markets to the upside in October, suggesting that the manufacturing sector activity is staging a modest recovery.<\/p>\n\n\n\n<p>Contracts for goods \u2018Made in Germany\u2019 jumped 0.8% on the month vs. -0.2% expected and -4.0% last, the latest data published by the Federal Statistics Office showed on Tuesday.<\/p>\n\n\n\n<p>On an annualized basis, Germany\u2019s Industrial Orders arrived at -3.2% in the reported month vs. -7.5% expected and -10.8% previous.<\/p>\n\n\n\n<p>The EUR\/USD pair surrenders its modest intraday gains to the 1.0520 area and refreshes the daily low during the early European session. Spot prices remain on the defensive below the 1.0500 psychological mark and move little following the release of better-than-expected German data.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The German Factory Orders surprised markets to the upside in October, suggesting that the manufacturing sector activity is staging a modest recovery. Contracts for goods \u2018Made in Germany\u2019 jumped 0.8% on the month vs. -0.2% expected and -4.0% last, the latest data published by the Federal Statistics Office showed on Tuesday. On an annualized basis, &hellip;<\/p>\n","protected":false},"author":9,"featured_media":33500,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[36],"tags":[6923,7696,6987],"class_list":["post-76737","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-market-updates","tag-ecb","tag-german-economy","tag-inflation"],"_links":{"self":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/76737","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/users\/9"}],"replies":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/comments?post=76737"}],"version-history":[{"count":1,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/76737\/revisions"}],"predecessor-version":[{"id":76738,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/76737\/revisions\/76738"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media\/33500"}],"wp:attachment":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media?parent=76737"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=76737"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=76737"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}