European Shares Tick Higher As German Factory Orders Surge

India, July 6 -- European stocks were flat to slightly higher on Monday as investors braced for a barrage of central bank commentary and the release of the minutes from the U.S. Federal Reserve's last monetary policy meeting scheduled for later in the week.

There was some cheer on the data front, with Germany's factory orders rebounding at a stronger-than-expected pace in May.

Factory orders expanded 1.9 percent on a monthly basis in May, in contrast to the revised 3.2 percent decrease in April, Destatis said. Orders were forecast to grow 1.1 percent.

For comments and feedback contact: [e-mail]

Published by HT Digital Content Services with permission from RTT News....