EMU DATA: Industrial new orders fell more sharply in.

EMU DATA: Industrial new orders fell more sharply than expected in July,
dropping 2.1% on the month and reducing the annual gain to 8.4%,
Eurostat reported on Thursday.
— EMU July industry orders m/m below MNI median fcast (-0.5%)
— EMU June industry orders rev down -1.2% m/m (-0.7%)
— EMU July orders ex-ships/rail/aerospace +1.4% m/m, +8.2% y/y
— EMU July industry orders -1.7% vs 2q avg; 2q +2.5% q/q
— EMU July orders 3mm avg (May-July:April-June) +0.1% after June +0.7%
— See MNI MainWire for details