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Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
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Free AccessMNI: GERMAN DATA: Industrial Orders (Mar 2019).......>
MNI: GERMAN DATA: Industrial Orders (Mar 2019) Preview - 07:00 BST
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- Bloomberg Consensus: 1.5% m/m, -5.4% y/y; MNI Median: 1.0% m/m, -5.9% y/y;
Previous (Feb): -4.2% m/m, -8.4% y/y
- Orders expected to recover partially in Mar after sharp declines in Jan & Feb
- Nevertheless, the projected 1.5% m/m gain would leave average Q1 orders down
4.0% q/q, after a small 0.5% rise in Q4
- Coupled with further weakness in Apr surveys (man PMI & Ifo), the latest
indicators suggest the much-awaited German industrial turnaround remains elusive
- However, Chinese stimulus measures appear to be bolstering demand...
- ... fuelling hopes of a German manufacturing recovery in H2
- Nevertheless, a number of challenges continue to weigh on the industrial
outlook...
- ... including ongoing difficulties for car manufacturers in converting to new
emission standards & various geopolitical uncertainties (e.g. Brexit, US
tariffs, oil price volatility)
To read the full story
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Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.