US EditionWeak Jobs Data Expected: Impact on European Markets
This story is only covered by news sources that have yet to be evaluated by the independent media monitoring agencies we use to assess the quality and reliability of news outlets on our platform. Learn more here.3 Articles
3 Articles
Weak Jobs Data Expected: Impact on European Markets
European markets have started off the day on a positive footing despite somewhat mixed data coming out of the region. A surprisingly weak factory orders figure from Germany saw the third consecutive month of contraction, falling 2.9% despite expectations of a 0.5% rise. Meanwhile, retail sales data out of the UK came in weaker than expected, with the 1.1% rise falling short of the 1.3% growth anticipated by markets. Notably we continue to see re…
German industrial orders unexpectedly fell in July due to a decline in large-scale orders, data released Friday morning showed. It's the biggest monthly decline since January, undermining optimism that the sector will soon emerge from a three-year recession.
German industrial orders fell 2.9 percent in July, the biggest drop since January and surprising economists who had predicted growth.
Coverage Details
Bias Distribution
- There is no tracked Bias information for the sources covering this story.
Factuality
To view factuality data please Upgrade to Premium
