German IFO Business Climate Index falls to 85.7 in November vs. 86.0 expected

  • 📰 FXStreetNews
  • ⏱ Reading Time:
  • 24 sec. here
  • 5 min. at publisher
  • 📊 Quality Score:
  • News: 23%
  • Publisher: 72%

Sentiment News

Economicindicator,EURUSD,Germany

The headline German IFO Business Climate Index fell to 85.7 in November from 86.5 in October.

German IFO Business Climate Index missesestimates with 85.7 in November. The IFO Current Economic Assessment Index dropped to 84.6 in the reported month. The data came in below the consensus 86.0 print. Meanwhile, the Current Economic Assessment Index declined to 84.6 in the same period from 85.7 recorded in October, missing the marketexpectations of 85.4. The IFO Expectations Index, which indicates firms’ projections for the next six months, eased slightly to 87.2 in November vs. 87.

Euro was the strongest against the US Dollar. USD EUR GBP JPY CAD AUD NZD CHF USD -0.61% -0.33% 0.34% 0.03% -0.09% 0.17% -0.18% EUR 0.61% 0.11% 0.32% 0.05% 0.44% 0.20% -0.15% GBP 0.33% -0.11% 0.23% -0.05% 0.34% 0.10% -0.26% JPY -0.34% -0.32% -0.23% -0.29% 0.00% -0.10% -0.33% CAD -0.03% -0.05% 0.05% 0.29% 0.03% 0.15% -0.24% AUD 0.09% -0.44% -0.34% -0.01% -0.03% -0.24% -0.58% NZD -0.17% -0.20% -0.10% 0.10% -0.15% 0.24% -0.35% CHF 0.18% 0.15% 0.26% 0.33% 0.24% 0.58% 0.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 14. in ZA
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

South Africa South Africa Latest News, South Africa South Africa Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Top German business leader recalls his days working with Trump: 'His administration was extremely receptive'It is uncertain what Donald Trump's second presidency will look like, but his first administration was highly responsive to business issues, Joe Kaeser said.
Source: CNBC - 🏆 12. / 72 Read more »