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German industrial orders flatline in May

Jul. 06, 2016 4:06 AM ETEWG, GF, EWGS, FGM, DBGR, DXGE, HEWG, QDEU, DAXBy: Yoel Minkoff, SA News Editor
  • 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

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