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European Shares Edge Higher On Solid German Factory Orders Data

By RTTNews Staff Writer   ✉   | Published:   | Follow Us On Google News

European stocks traded higher for a fourth consecutive session on Friday after data showed Germany's factory orders grew more than expected in October on robust domestic demand.

Factory orders logged a monthly growth of 1.5 percent, Destatis said. Although the pace of growth softened from the revised 2.0 percent rise posted in September, it was much faster than economists' forecast of 0.3 percent. On a yearly basis, factory orders dropped 0.7 percent, following a 3.4 percent decrease in September.

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Global Economics Weekly Update: April 13 – April 17, 2026

April 17, 2026 15:29 ET
The ongoing conflict in the Middle East continues to raise concerns for policymakers who worry about the impact of the supply shock and high energy prices on the real economy. Producer price data and various survey results on the housing market were the main news from the U.S. this week. In Europe, industrial production data for the euro area gained attention. GDP figures out of China and the policy move by the Singapore central bank were in focus in Asia.