Coin World News, with the impact of the Middle East conflict on Europe's largest economy beginning to fade, German factory orders rebounded, releasing a positive signal. Demand in May rose by 1.9% month on month, with the previous figure revised to a decline of 3.2%. This result was higher than the market expectation of a 1.1% increase. The growth came mainly from orders for transport equipment, including military ones, which may reflect Germany's upgrading of its armed forces. The German Federal Statistical Office said that excluding large-scale orders, the increase was 1%. The less volatile three-month rolling data showed a decline of 0.2%. The German Ministry of Economy said in an email statement: "New orders in the manufacturing sector seem to be returning to the upward trend since the second half of last year. However, affected by large-scale orders, this trend remains highly volatile. In addition, geopolitical uncertainty will remain elevated until the US-Iran peace negotiations are finally concluded."

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GateUser-21ddf7c7
· 10h ago
The statistics bureau itself said the trend is highly volatile, so don't pop the champagne just yet; let's wait and see in the second half of the year.
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GateUser-5f4bad9c
· 11h ago
1.9% month-over-month increase exceeded expectations, but the three-month rolling data still decreased by 0.2%, with volatility being the keyword.
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MildlyRugged
· 11h ago
The US-Iran negotiations are unresolved, geopolitical risks may resurface at any time, and manufacturing recovery is fragile.
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DeepSeaColdStart
· 11h ago
Large orders distort the real trend; after excluding them, the increase is only 1%, and the fundamentals are not that optimistic.
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NonceCollector
· 11h ago
German factory orders rebound, orders for transportation equipment have grown significantly, signals of military upgrade are worth noting.
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