Latest IFO survey data now out
- 108.50 exp
- current assessment 112.6 vs 113.50 exp vs 114.0 prev
- expectations 103.80 vs 102.40 exp vs 103.30 prev
The German Ifo Business Climate Index rates the current German business climate and measures expectations for the next six months. It is a composite index based on a survey of manufacturers, builders, wholesalers and retailers. The index is compiled by the Ifo Institute for Economic Research.
A mixed bag and the euro remains undermined
EURUSD 1.1030 EURGBP 0.7195 EURJPY 133.42