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ForexForexLive

Germany industrial orders rebound in September but manufacturing recovery remains fragile

Germany September industrial orders +4.4% vs +4.8% m/m expected Prior -10.6%; revised to -10.1% Germany September industrial orders +3.3% y/y Prior +3.2% (revised) The strong rebound in German manufacturing orders in September comes mainly from a notable recovery in the automotive industry. New orders there grew by 10.5% on the month, after new orders and production had been at a low level in the…

CommodityOilPrice.com

Oil Prices Continue to Fall as Democratic Sweep Shakes Energy Markets

Crude oil prices moved even lower, and energy company stocks followed after the results of the U.S. midterms, as markets brace for a potentially radical change in U.S. policies. At the time of writing, Brent crude was trading at $94.30 per barrel, after dropping by 9% on Wednesday, and West Texas Intermediate was trading at $87.35 per barrel, after shedding 8% on Wednesday, following the…

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