
2022 was rough: inflation, energy crisis, and plenty of other controversial situations…
In October, German industrial orders suddenly inched up due to firm demand from outside the euro zone. That’s what data unveiled on Wednesday. The report actually suggests that this sector of Europe's number one economy will most likely gain steam in the nearer months.
As a matter of fact, German factories reported a 0.5% soar in orders right after in September contracts for 'Made in Germany' goods surged by an upwardly updated 1.2%. It follows from the economic data recently disclosed by the Economy Ministry.
The given outcome confounded hopes in a Reuters survey. It’s because many experts had hoped for a 0.3% tumble.
A breakdown of the data demonstrated that foreign demand managed to pick up by approximately 0.5% because a 1.6% ascend in contracts from outside the European Union compensated a 1.2% tumble in euro zone bookings. In addition to this domestic contracts demonstrated an uptick of 0.4%.
2022 was rough: inflation, energy crisis, and plenty of other controversial situations…
The US dollar index keeps rounding above the 103.60 historical support level. The buyers have already defended this level for three weeks, highlighting their interest in the greenback. Thus, buying USD looks less risky right now.
Happy Monday, dear traders! Hope you had a great weekend and you’re ready for the last trading week in 2022! Later this week we’ll announce some exciting news for you, but now let’s look through some interesting news! Today’s events: USA, UK, Hong…
This week may be the most important since the year started as the Fed assess the economic outlook and the US presents fresh NFP readings.
S&P Global, a private banking company, will release a monthly change in British Flash Manufacturing Purchasing Managers Index (PMI) on January 24, 11:30 GMT+2. The index is a leading indicator of economic health as businesses react quickly to market conditions, and purchasing managers hold the most current and relevant insight into the company's view of the economy.
The United States Bureau of Labor Statistics will publish the US Consumer Price Index (CPI) m/m on January 12 at 15:30 GMT+2. The index measures a change in the price of goods and services purchased by consumers.
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