Germany: Factory orders likely to decline in November - TDS

Analysts at TD Securities point out that German factory orders for November are released and the market looks for a small decline of 0.1% m/m.

Key Quotes

“We'll be looking carefully at the related manufacturing sales data for signs of a durable rebound after October's 1% gain (much of which was unwinding prior weakness).”

Asian stocks bouncing higher on improving sentiment, Nikkei climbing into ¥20,100.00

Asian equities are on the rise for Monday as investor sentiment experiences a much-needed relief rally, spurring the Pacific session into a continued
Baca lagi Previous

FX Today: USD/JPY ignores improved risk-sentiment, German data – Up next

Forex today in Asia cheered improved risk sentiment on the first trading of this week, with the Asian markets having bounced higher amid increased exp
Baca lagi Next