0703 GMT [Dow Jones] Wednesday's German new orders data and Thursday's industrial production data are no reason to be concerned, writes ING economist Carsten Brzeski. Still, he calls the data "a clear shot across the bow for the German economy." The reason for weakness is two-fold: One, Ukraine and the slowdown in China could hurt the real economy more than surveys would suggest. Secondly, the euro zone recovery isn't yet strong enough to have had a positive impact on German industry. (todd.buell@wsj.com; Twitter: @ToddBuell)
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May 08, 2014 03:03 ET (07:03 GMT)
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