A post by @FirstSquawk on X.

Germany’s September factory orders rose 3.3% year over year, matching the 3.3% estimate and accelerating from a revised 3.2% in the prior period. On a monthly basis, orders increased 4.4%, slightly below the 4.5% consensus but a sharp rebound from the revised 10.1% decline in August. The data point to a stabilization in German industrial demand after the prior month’s steep contraction, though the miss on the monthly estimate suggests the recovery is not yet outpacing expectations. Traders will watch upcoming industrial production and export figures, along with euro-area sentiment surveys, to gauge whether the order rebound translates into sustained output growth.