German factory orders Dec mm +4.2% vs +1.5% exp

  • highest levels since April 2008
  • -2.4% prev
  • yy wda +3.4% vs +0.7% vs -0.4% prev

Orders driven by solid increases in both foreign and domestic demand with capital goods posting strong gains

  • capital goods orders mm domestic +2.3% foreign +7.6%
  • intermediate goods orders mm domestic +4.4% foreign +1.0%
  • consumer goods orders mm -0.6%

EUR rallies on the much better than expected reading but already capping as Greek shadow dominates still

EURUSD 1.1351 EURGBP 0.7472 EURJPY 132.95

German factory orders mm table

German factory orders mm table

German factory orders mm

German factory orders mm

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