After posting notable gains in large part due to a weaker Euro, Germany’s industrial production slipped for the month of November, contracting at a -0.30% pace, printing well below the previous months’ figure and market expectations of 0.50%. Despite data showing factory orders rising by 1.50% during November, the drop was attributed to slowing emerging markets, causing headaches in planning future production. Factory producers fear that further declines are forthcoming especially considering the recent declines in China and weak outlook for global trade. Energy and production jumped in November with values at 2.50% and 1.60% respectively. The jump though was countered however by 3.30% decline in capital goods while manufacturing output dropped -0.80%. The DAX 30 has struggled to rally after the weekly reopening following stark losses in the prior week.