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Thursday, August 3, 2017

German June factory orders 1.0% m/m vs 0.5% exp

Solid beat on estimates - Prior was 1.0% Same as prior. More positive news for the Eurozone's largest economy. The euro appears a little exhausted after its stellar climb YTD. But fundamentally nothing to suggest there will be anything more than shallow technical pullbacks.
German June factory orders 1.0% m/m vs 0.5% exp

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