German factory orders rose ahead of Trump's tariffs imposition

German factory orders surged in March, exceeding expectations. Such a rise indicates an improvement in the situation in the country ahead of the announcement of new tariffs by the administration of US President Donald Trump.

Compared with February's figures, demand for industrial goods showed a 3.6% rise, beating analysts' early expectations of 1.3% hike, Bloomberg analysts said. Excluding large orders, it rose 3.2%, The Federal Statistical Office announced on Wednesday.

Surveys of entrepreneurs conducted by S&P Global also showed a stabilization of the sector after the recession, helped by the growth of the country's exports. However, the opinion of Goldman Sachs experts remains mixed. According to them, after the increase in supplies of goods from the eurozone to the US by 15%, the probability of a second recession is quite high.