• 103.2 prev
  • current assessment 110.0 vs 108.0 exp vs 108.4 prev
  • expectations 99.7 vs 98.5 exp vs 98.3 prev

EURUSD 1..2392 from 1.2382 on the better than expected readings not exactly racing higher, but EURGBP posting new session highs at 0.7925 and EURJPY session highs at 146.64

  • IFO’s Sinn says 3 positive numbers needed for change in trend but it’s positive that we have seen a rise after 6 declines
German IFO Nov

German IFO Nov

German IFO business climate

German IFO business climate