- 105.7 prev
- current conditions 109.4 vs 109.6 exp 110.00 prev
- expectations 102.5 vs 102 exp 101.6 prev
Nothing of note here. EURUSD 1.3106 after a quick rally to 1.3114 prior to release
Add:
- IFO economist Wohlrabe says improved outlook driven by export expectations
- auto industry main contributor
- negative and positive effects of floods on GDP to be seen in coming quarters
- no clear trend for retail and wholesale sectors but stable
- real economy yet to see the impact of latest ECB and Fed policies