- German factory orders failed to rise in May as uncertainty over the global outlook deterred demand for goods.
- According to data from the Economy Ministry in Berlin, orders, adjusted for seasonal swings and inflation, were unchanged from April, when they fell a revised 1.9%.
- Lackluster global growth, tepid earnings, and the impending U.K. referendum on EU membership have all weighed on confidence this year.
- ETFs: EWG, DAX, GF, DXGE, DBGR, HEWG, EWGS, FGM, QDEU