India, May 7 -- German stocks traded higher on Tuesday as investors reacted to mixed economic readings and earnings.
Germany's factory orders posted an unexpected fall in March due to the decrease in domestic demand, data from Destatis revealed.
Factory orders decreased 0.4 percent on a monthly basis, confounding expectations for an increase of 0.4 percent.
Nonetheless, the pace of decrease slowed from the revised 0.8 percent drop logged in February.
On a yearly basis, the decline in factory orders slowed to 1.9 percent from 8.8 percent in the previous month.
Separate set of data showed that Germany's exports rebounded at a faster-than-expected pace in March, while the growth in imports slowed sharply.
Exports gained 0.9 percent on a ...