Germany June factory orders -4.0% vs -0.5% m/m expected

Latest data released by Destatis - 6 August 2018

• Prior +2.6%
• Factory orders WDA y/y -0.8% vs +3.4% expected
• Prior +4.4%; revised to +4.7%

Slight delay in the release by the source. Major, major miss there on the industrial orders. Not really a major data point to move the needle in the euro all too much right now, but this feeds into overall German/Eurozone economic sentiment and this will weigh on Q2 figures surely.