German engineering union VDMA out with the latest figures 11 Jan
- domestic orders +3%
- foreign orders +5%
- demand from EZ +7.0%
- Sept-Nov yy down 2% ( domestic demand +2%, foreign demand -4%)
- production in engineering nearly stagnated in first 11 month with an increase of +0.1% yy
Not exactly a humdinger of a report sees EURUSD unchanged at 1.0554 and EURGBP 0.8685
