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6 Aug 2019

German Factory Orders jump 2.5% m/m in June, EUR/USD clings to 1.1200

  • German Factory Orders jumped 2.5% m/m in June.
  • German Factory Orders decelerated 3.6% y/y in June.

The German Factory Orders showed an improvement in June, calming fears over a deeper economic slowdown in Europe’s largest economy.

Aug 6, 2019

Germany Factory Orders n.s.a. (YoY) came in at -3.6%, above expectations (-7%) in June

Germany Factory Orders n.s.a. (YoY) came in at -3.6%, above expectations (-7%) in June
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Aug 6, 2019

EUR Futures: upside looks capped

In light of flash data for EUR futures markets from CME Group, open interest shrunk for the second session in a row, this time by around 3.1K contract
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