Technical Analysis

Germany January Ifo business climate index 90.2 vs 90.2 expected

  • Prior 88.6
  • Current conditions 94.1 vs 95.0 expected
  • Prior 94.4
  • Expectations 86.4 vs 85.0 expected
  • Prior 83.2

Another month, another improvement in German business conditions with the expectations (outlook) reading rising further to its highest since May last year. That continues to signal optimism surrounding the economic outlook, with the headline reading also being at the highest since June last year.

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