Latest IFO now out
- 108.7 prev
- current assessment 112.5 vs 112.6 exp vs 112.8 prev
- expectations 102.4 vs 104.1 exp vs 104.7 prev
Softer readings sees the euro pegged back a little
EURUSD down to 1.0823 EURGBP 0.7591 EURJPY 128.08
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.
