Germany April Ifo business climate index 86.9 vs 85.2 expected
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- Prior 86.7
- Current assessment 86.4 vs. 85.4 expected
- Prior 85.7
- Expectations 87.4 vs. 85.0 expected
- Prior 87.7
These are certainly better figures than feared given the trade uncertainty. It shouldn’t be a surprise though given that the German PMIs showed the same yesterday and they are correlated with the IFO.
This article was written by Giuseppe Dellamotta at www.forexlive.com.
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