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German factory orders rise faster than expected; Asian shares fall on tech pullback – business live

Germany’s biggest arms maker Rheinmetall slashes outlook after cancelled government contract; crude oil prices hold below $80 a barrel

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In Germany, factory orders rose more than expected in June as Europe’s biggest economy shrugged off disruption from the Iran war.

8.30am BST: Eurozone construction PMI for July

9.30am BST: UK construction PMI for July

1.30pm BST: US Initial jobless claim for week to 1 August

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Aug 6, 2026 Business Commodities Stock markets

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