Germany factory orders beat expectations in July
German Factory Orders: Y/Y Jul 13.1% vs est 10.5% and prev 6.5% (prevR 7.2%). M/M Jul 2.5% vs est 0.3% and prev 3.1% (prevR 3.7%).
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Germany factory orders beat forecasts in July
German factory orders rose 13.1% Y/Y in July versus 10.5% estimated and 6.5% prior (previously revised up to 7.2%). Monthly orders increased 2.5% versus 0.3% estimated and 3.1% prior (revised 3.7%).
U.S. factory orders rise 0.9% in July, topping estimates
U.S. factory orders rose 0.9% month-over-month in July, compared with estimates for a 0.7% gain.
Germany Factory Orders (M/M): 3.1% (est 0.5%; prev 1.9%; prev R 0.3%)
Factory Orders WDA (Y/Y): 6.5% (est 5.9%; prev 6.2%; prev R 4.5%)
Crude Oil Down Over 1%; US Initial Jobless Claims Fall
U.S. stocks traded mixed midway through trading, with the Nasdaq Composite falling more than 200 points on Thursday. The Dow traded up 0.72% to 52,681.94 while the NASDAQ fell 0.90% to 25,805.23. The S&P 500 also fell, dropping, 0.22% to 7,466.99. Leading and Lagging Sectors Health care shares jumped by 2.2% on Thursda