IFO Current Economic Assessment fell to 89.0 this month.The headline German IFO Business Climate Index dropped further to 85.7 in August versus last month's 87.4 and the market Meanwhile, the Current Economic Assessment Index fell to 89.0 points in the reported month, compared with July’s 91.4 and 90.0 anticipated.
The IFO Expectations Index – indicating firms’ projections for the next six months, declined to 82.6 in August from the previous month’s 83.6 reading. The data fell short of market expectations of 83.8.EUR/USD is holding lower ground on the downbeat German IFO survey. At the time of writing, the pair is down 0.35% on the day, trading at 1.0770.
If not otherwise explicitly mentioned in the body of the article, at the time of writing, the author has no position in any stock mentioned in this article and no business relationship with any company mentioned. The author has not received compensation for writing this article, other than from FXStreet.
FXStreet and the author do not provide personalized recommendations. The author makes no representations as to the accuracy, completeness, or suitability of this information. FXStreet and the author will not be liable for any errors, omissions or any losses, injuries or damages arising from this information and its display or use. Errors and omissions excepted.
The author and FXStreet are not registered investment advisors and nothing in this article is intended to be investment advice.
Belgique Dernières Nouvelles, Belgique Actualités
Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.
La source: Investingcom - 🏆 450. / 53 Lire la suite »
La source: AP - 🏆 728. / 51 Lire la suite »
La source: AllSidesNow - 🏆 572. / 51 Lire la suite »