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MNI Global Morning Briefing: German Industrial Orders In Focus

(MNI) LONDON

With U.S. markets closed for a national holiday and a limited data calendar Monday, much focus will fall on the few releases expected.

At 0700BST, German July industrial orders will be released and are expected to slow month-on-month from the 4.1% gain seen in June. Analysts expect July to see a m/m decline of 0.7% and a y/y slowdown to 18.8% from 26.2% in June.

The only other releases of note are the August Markit Construction PMIs for the eurozone at 0830BST and the UK at 0930BST, with both expected to slow from July.

MNI London Bureau | +44 203-865-3812 | les.commons@marketnews.com
MNI London Bureau | +44 203-865-3812 | les.commons@marketnews.com

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