Story perspectives
European Markets Rise Despite Decline in German Orders
1/8/2025
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Story summary
- European markets rose on Wednesday, with the Stoxx 600 index increasing by 0.2%.
- German industrial orders unexpectedly declined by 5.4% in November, adversely affecting the auto sector.
- Shell's shares fell by 1.5% after it lowered its LNG production forecast for Q4 2024.
- Traders are anticipating European consumer confidence data to be released later today.
