Important Economic Event: #Germanys Factory Orders (MoM) (Oct) - 07:00 GMT, 5 December 2014 Factory orders measures the monthly change in the total value of new orders placed with manufacturers. This is a leading indicator of production, as a decrease in orders will lead to a decrease in production. Lower production implies a reduction in industrial activity within the German economy, which could potentially have a bearish impact on the #EUR. German factory orders are expected to fall from 0.8% to 0.5% in October. Key assets to watch: EUR/ #USD, EUR/ #JPY, EUR/ #CAD Trade smarter with CWM FX. Visit us at cwmfx and start trading #Forex today.
Posted on: Fri, 05 Dec 2014 06:00:01 +0000