German Nov IFO survey results now out 24 Nov
- 116.7 prev
- current assessment 124.4 vs 125.0 exp vs 124.8 prev
- expectations 111.0 vs 108.8 ex vs 109.2 prev up from 109.1
IFO f/c German Q4 GDP +0.7% and +2.3% for 2017 vs 1.9% prev f/c
The German Ifo Business Climate Index rates the current German business climate and measures expectations for the next six months. It is a composite index based on a survey of manufacturers, builders, wholesalers and retailers. The index is compiled by the Ifo Institute for Economic Research.
EURUSD popped up prior to post 1.1865. Someone get a sneaky preview perhaps? Currently 1.1862 with little impact on the release itself hence my thoughts.