German factory orders to rise by 1.0% m/m for March - TDS

Analysts at TDS note that markets are looking for German factory orders to rise by 1.0% m/m for March, on the back of February’s 3.4% gain.

Key Quotes

“Details have shown a couple of months now of soft demand from the Eurozone, in contrast to the much stronger survey data, so we would expect to see EZ orders leading the March gains.”

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Germany Factory Orders s.a. (MoM) came in at 1%, above forecasts (0.8%) in March

Germany Factory Orders s.a. (MoM) came in at 1%, above forecasts (0.8%) in March
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