The Big Three 1 German factory orders collapsed −11.1% MoM in January — the steepest drop in two years, more than double the −4.2% consensus — driven by a 39.4% plunge in fabricated metals and a 13.5% fall in machinery orders, compounding an already fragile industrial outlook. 2 Japan’s Q4 GDP printed +1.3% annualised — […]
The Big Three 1 German factory orders collapsed −11.1% MoM in January — the steepest drop in two years, more than double the −4.2% consensus — driven by a 39.4% plunge in fabricated metals and a 13.5% fall in machinery orders, compounding an already fragile industrial outlook. 2 Japan’s Q4 GDP printed +1.3% annualised — […]
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