A post by @FirstSquawk on X.

Germany’s September factory orders rose 3.3% year over year on a working-day-adjusted basis, matching the 3.3% consensus estimate and accelerating from the 2.7% prior reading. The print signals continued stabilization in German industrial demand after a prolonged manufacturing slump. As Europe’s largest economy, Germany’s order data feed directly into euro-area growth expectations and European Central Bank policy calculus. Traders will watch upcoming industrial production and Ifo survey releases to confirm whether the order uptick translates into actual output.