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Uncertainty reigns, except in Britain. It’s just grim there.

NAB Morning Call

00:00

What's Gonola?

Germans factory orders for june, they've just come out. They wer down, but not as much expected, a nort point four % month on month fall compared to a revised nort point two % al in may. A big part of the decline is e is non uro area foreign orders, which were down four point three %. But it's quite heartening that actually domestic demand, an orders in sot of concealing goods, holding up quite well. And we've got to see what progress europe makes in terms of this mandratory 15% easing over the next few months.

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