Free Trial
JGB TECHS

(H3) Fades Into Friday Close

AUSTRALIA DATA

Housing Correction Remains Orderly For Now

AUDNZD

Holding Above 200-Day EMA

AUSSIE 10-YEAR TECHS

(H3) Weaker Into Friday Close

Real-time Actionable Insight

Get the latest on Central Bank Policy and FX & FI Markets to help inform both your strategic and tactical decision-making.

Free Access

GERMAN DATA: Industrial Production......>

GERMAN DATA
MNI (London)
GERMAN DATA: GERMAN DATA: Industrial Production (Mar 2020) Preview - 0700GMT
---------------------------------------------------------------- 
- Bloomberg Consensus: -7.0% m/m, -8.4% y/y; Prev (Feb): +0.3% m/m, -1.2% y/y 
- March IP is forecast to slump by 7.0% on a m/m basis, giving back all and more
of the gains seen so far in 2020, extending the downswing seen through 2019. 
- Factory orders surged in Jan but eased in Feb before plunging by 7.0% in Mar. 
- Overall, weak industrial orders in the last couple of months suggest a bleak
outlook for production going ahead. 
- Destatis noted a strong connection between the truck toll mileage index - an
experimental data series -- and German IP. 
- The truck toll mileage index fell by 5.9% m/m in Mar which was the largest
drop since records began - a similar fall was only seen in 2009. 
- The mfg PMI dropped to the lowest level since Mar 2009, with only a surge in
Supplier Delivery times preventing further falls. 
- The Ifo business climate index for the industrial sector slipped to the lowest
level since the financial crisis with expectations extremely pessimistic 
MNI London Bureau | +44 203-865-3812 | les.commons@marketnews.com
MNI London Bureau | +44 203-865-3812 | les.commons@marketnews.com

To read the full story

Why Subscribe to

MarketNews.com

MNI is the leading provider

of news and intelligence specifically for the Global Foreign Exchange and Fixed Income Markets, providing timely, relevant, and critical insight for market professionals and those who want to make informed investment decisions. We offer not simply news, but news analysis, linking breaking news to the effects on capital markets. Our exclusive information and intelligence moves markets.

Our credibility

for delivering mission-critical information has been built over three decades. The quality and experience of MNI's team of analysts and reporters across America, Asia and Europe truly sets us apart. Our Markets team includes former fixed-income specialists, currency traders, economists and strategists, who are able to combine expertise on macro economics, financial markets, and political risk to give a comprehensive and holistic insight on global markets.