Charles Purdy
on January 6th, 2022 The euro is still weaker against the dollar and the pound this morning ahead of a series of data releases today.
German factory orders were released earlier this morning for November, showing 3.7% jump month-on-month. Both orders from abroad and domestic orders increased.
Later today, construction PMI figures will be released for both Germany and the Eurozone. However, all eyes will be on German inflation data this afternoon, which is expected to decrease slightly to 5.1% from 5.2% previously.
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