German Factory Orders jump 6.9% MoM in December vs. 2% expected

The official data published by the Federal Statistics Office showed Thursday that Germany's Factory Orders rebounded firmly in December, suggesting that the country’s manufacturing sector is seeing a sharp turnaround.

Over the month, contracts for goods ‘Made in Germany’ jumped by 6.9% in December after tumbling by 5.2% in November. Data beat the estimates of a 2% print.

Feb 6, 2025

Germany Factory Orders n.s.a. (YoY) fell from previous -1.7% to -6.3% in December

China’s Commerce Ministry: Won't proactively provoke trade disputes, willing to resolve issues

Speaking on US tariffs, Chinese Commerce Ministry said on Thursday, “China won't proactively provoke trade disputes, willing to resolve issues through dialogue and consultation.” Additional comments China willing to work with relevant countries to jointly respond to challenges of unilateralism and trade protectionism.