Treasury Action: yields steadied lower with those in Europe cooling off as well, while the weak factory orders
reading was close to expectations.
The Commerce Department reported that factory orders
climbed a slight 0.
com/news/articles/2016-03-07/german-factory-orders-drop-as-global-slowdown-weighs-on-economy) factory orders
, which fell for a second month in January.
in Germany were worse than anticipated in November, declining by 2.
German factory orders
rose strongly in October in a development that's likely to ease concerns over the state of Europe's largest economy.
Official data showed that factory orders
were up 1.
6 Factory orders
fell this month but things are still looking up, a survey by business group the CBI found.
Summary: Copper rose in London as the biggest jump in German factory orders
in eight months fuelled speculation economies are strengthening in the world's leading consumers of the metal.
Germany also reported this week that factory orders
Following an unexpected drop in factory orders
, news that German industrial output stagnated in January dealt another blow to hopes for a strong recovery in Europe's biggest economy, analysts said yesterday, according to AFP.
As for the key EU economy, Germany's, the report indicated, "German factory orders
rose more than forecasted in July, due to a solid increase in domestic contracts.
During the full year 2011, factory orders