German Factory Orders Rise Less Than Forecast as Growth Stalls

German factory orders (GRIORTMM) climbed less than forecast in a sign the euro area’s largest economy may struggle to grow in the second half of the year.

Fall in Germany's PMI adds to its credit rating worries

Germany's private sector shrank for a third straight month in July in a second blow to Europe's largest economy after Moody's cut its credit rating to AAA with a negative outlook.