The beginning of October brings good news from German manufacturers – orders have increased by 1.5% compared to the previous month, surpassing analysts’ expectations of just 0.3%.
What makes this figure even more interesting? Well, the data from September was revised upward from 1.1% to 2.0%, indicating a stronger trend than initially thought. Two consecutive months of above-expectation growth – Germany seems to be reviving its industrial engine.
For crypto markets, such macro signals matter: a robust European economy means potentially more appetite for risk assets. Economic indicators don’t lie – Europe’s factory is accelerating.
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GateUser-beba108d
· 12-05 07:31
German industrial orders are like this and you still dare to say Europe is about to collapse? That’s hilarious, some analysts have embarrassed themselves again.
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Web3Educator
· 12-05 07:24
ngl german manufacturing numbers hitting different rn... honestly been telling my students this macro stuff actually matters for on-chain activity, nobody listens tho lmao
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FOMOSapien
· 12-05 07:15
German order data is really taking off; this is the macro signal I want to see.
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RebaseVictim
· 12-05 07:10
German order data has turned around, 1.5% vs expected 0.3%—now that's a real slap in the face. The upward revision of September data is even more impressive, with two consecutive months exceeding expectations... Is Europe really waking up?
The beginning of October brings good news from German manufacturers – orders have increased by 1.5% compared to the previous month, surpassing analysts’ expectations of just 0.3%.
What makes this figure even more interesting? Well, the data from September was revised upward from 1.1% to 2.0%, indicating a stronger trend than initially thought. Two consecutive months of above-expectation growth – Germany seems to be reviving its industrial engine.
For crypto markets, such macro signals matter: a robust European economy means potentially more appetite for risk assets. Economic indicators don’t lie – Europe’s factory is accelerating.