• 4% prev revised up from 4.2%

  • yy wda -0.1% vs +2.6% exp vs 3.9% prev revised up from +3.4%
  • capital goods orders -4.2% mm (domestic +0.4%, foreign -6.6%)
  • consumer goods orders -0.6% mm (domestic -2.9%, foreign +1.3%)

Weaker data but having no downside effect on the euro at the moment with bids appearing after the earlier dip

German ministry says development of orders is partly a result of high order levels in Dec and fewer big orders

One to throw into the general picture

EURUSD 1.1038 EURGBP 0.7248 EURJPY 132.28