Breaking News

Germany Industrial Production MoM

Latest Release

Apr 08, 2024

Actual

2.1%

Forecast

0.6%

Previous

1.3%

German Industrial Production measures the change in the total inflation-adjusted value of output produced by manufacturers, mines, and utilities.

A higher than expected reading should be taken as positive/bullish for the EUR, while a lower than expected reading should be taken as negative/bearish for the EUR.

Importance:

Country:

Currency: EUR

Source: Destatis

Release Date	Time	Actual	Forecast	Previous
May 08, 2024 (Mar)	02:00			2.1%
Apr 08, 2024 (Feb)	02:00	2.1%	0.6%	1.3%
Mar 08, 2024 (Jan)	03:00	1.0%	0.5%	-2.0%
Feb 07, 2024 (Dec)	03:00	-1.6%	-0.4%	-0.2%
Jan 09, 2024 (Nov)	03:00	-0.7%	0.2%	-0.3%
Dec 07, 2023 (Oct)	03:00	-0.4%	0.2%	-1.3%

News

Dollar just higher ahead of payrolls; euro hands back some gains

Dollar just higher ahead of payrolls; euro hands back some gains By Investing.com - Mar 08, 2024 4

Investing.com - The U.S. dollar edged higher in early European trade Friday, but was still on course for a hefty weekly drop as Federal Reserve Chair Jerome Powell signaled lower interest rates in...

European stocks subdued ahead of US payrolls; Informa gains on strong report

European stocks subdued ahead of US payrolls; Informa gains on strong report By Investing.com - Mar 08, 2024

Investing.com - European stock markets traded in subdued fashion Friday, as investors awaited the release of the widely-watched monthly U.S. jobs report in the latest European Central Bank meeting. At...

European stocks edge lower; French industrial production impresses

European stocks edge lower; French industrial production impresses By Investing.com - Jan 10, 2024 2

Investing.com - European stock markets edged largely lower Wednesday amid caution ahead of key U.S. inflation data, even after the release of better-than-expected French industrial production. At...

Analysis

Fawad Razaqzada

EUR/USD Could Drop to New 2024 Low – Here’s How to Trade It By Fawad Razaqzada - Feb 07, 2024 1

The EUR/USD remains bearish, with traders cautious due to uncertain Fed easing expectations. Dollar rally eased as bond yields fell back, supported by stronger ISM services PMI, while Fed officials'...

Fawad Razaqzada

Opening Bell: Stocks Face Risk of Further Falls By Fawad Razaqzada - Sep 07, 2023 4

At the time of writing in mid-morning European trade, the German DAX was among a number of European markets to turn slightly positive on the session, recovering from a weak start. However, sentiment...

Stock Futures Trade Mixed, BOC May React Like RBA, Gold and Bitcoin in Focus By Naeem Aslam - Jun 07, 2023

U.S. and European markets are set for a mixed open as traders pay close attention to weak economic numbers out of China and another surprise interest rate hike by the RBA.Over in Europe, what matters...

German Industrial Production (MoM) Discussion

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All Comments (4)

Roncon Stefano Oct 07, 2014 2:10AM ET

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Well...ithink if the number are i red , we will aspect that the euro comes down ...right?. Why is in up way?

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Priyal Gajipara Oct 07, 2014 2:10AM ET

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news not always work we have to follow charts also.

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Andrei Danaila Oct 07, 2014 2:10AM ET

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Did you see this market functioning like something logical? China is on an economic beatdown, with production plants closed, people blocked indoors etc. DAX contains carmakers, tires makers, Lufthansa which is a flight operator that had to cancel a lot of flights to China, industrial equipment producers (who sell industrial equipment to China) and banks (who are dependent on an expanding economy for profitability as they have negative interest costs in the Eurozone). So why would it not go up?!?!

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Chris Johannesson Jul 07, 2014 2:54AM ET

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Weakening production numbers in Europe's manufacturing engine is not a good sign. 3rd month in a row with contracting numbers. On the YoY they are positive but unless things turn soon on the MoM numbers then that will affect the YoY figures too.

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Fatmir Dashi May 08, 2014 8:28AM ET

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I dont think so!!

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Ekema Ndoko May 08, 2014 8:28AM ET

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meaning EURUSD will not be a good pair to trade at that time?...

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Tamara Schneider Apr 07, 2014 10:29AM ET

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test

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