Germany Factory Orders s.a. (MoM) came in at -15.6%, below expectations (-10%) in March

May 6, 2020

Oil Price Update: WTI retreats from monthly resistance line, 50-day SMA to sub-$25 area

WTI Futures for June steps back from the monthly top while declining to $24.60 on NYMEX amid the early Wednesday’s trading. In doing so, the oil bench

German Factory Orders plummet 15.6% MoM in March vs. -10.0% exp, EUR/USD unfazed

The German Factory Orders slumped in March, suggesting that the manufacturing sector in Europe’s largest economy is heading deeper into contraction. C