• European stock markets mixed!
    While the #Eurozone composite #PMI data exceeded expectations, the #Stoxx600 finished the day slightly lower. All attention turned to Fed Chair Powell's speech in Jackson Hole.

    #Europe #Economy #Stock Market #JacksonHole
    ๐ŸšจEuropean stock markets mixed! ๐Ÿค” While the #Eurozone composite #PMI data exceeded expectations, the #Stoxx600 finished the day slightly lower. All attention turned to Fed Chair Powell's speech in Jackson Hole. ๐Ÿ“Š #Europe #Economy #Stock Market #JacksonHole
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  • German Factory Orders Drop Unexpectedly in June

    June 2025: -1.0% (Expected: +1.0%)
    May (revised): -0.8%
    Second consecutive month of decline!
    Main reason:
    – Sharp decline of -23.1% in aircraft, ship, train, and military vehicle orders
    – Demand also weakened for automotive and metal products
    Electrical equipment orders increased
    3-month average (Q2): +3.1%
    – Orders brought forward ahead of global tariff hikes and the trade recovery in the Eurozone supported

    #Germany #DAX #EWG #Economy #IndustrialOrders #EURUSD #RecessionRisk
    ๐Ÿ“‰ German Factory Orders Drop Unexpectedly in June ๐Ÿ”น June 2025: -1.0% (Expected: +1.0%) โŒ ๐Ÿ”น May (revised): -0.8% ๐Ÿ”น Second consecutive month of decline! ๐Ÿ“‰ Main reason: – Sharp decline of -23.1% in aircraft, ship, train, and military vehicle orders โœˆ๏ธ๐Ÿšข๐Ÿš† – Demand also weakened for automotive and metal products ๐Ÿš—๐Ÿ”ง ๐Ÿ”Œ Electrical equipment orders increased โœ… ๐Ÿ“Š 3-month average (Q2): +3.1% – Orders brought forward ahead of global tariff hikes and the trade recovery in the Eurozone supported ๐ŸŒ๐Ÿ“ฆ #Germany #DAX #EWG #Economy #IndustrialOrders #EURUSD #RecessionRisk
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