The headline German IFO business climate index came in at 99.2 in April, weaker than last month’s 99.6 and missed the consensus estimates pointing to 99.9. Meanwhile, the current economic assessment also missed estimates, arriving at 103.3 points in the reported month as compared to last month’s 103.8 and 103.6 anticipated. The IFO Expectations Index – indicating firms’ projections for the next six months missed markets expectations by a big margin, arriving at 95.2 for April versus expectations of 96.1 and 95.6 recorded in March. The headline IFO business climate index was rebased and recalibrated in April after the IFO research Institute changed series from the base year of 2000 to the base year of 2005 as of May 2011 and then changed series to include services as of April 2018. The survey now includes 9,000 monthly survey responses from firms in the manufacturing, service sector, trade and construction. The positive economic growth anticipates bullish movements for the EUR, while a low reading is seen as negative (or bearish). FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next Saudi OilMin Al-Falih: Most likely we will keep some level of oil production management beyond June FX Street 4 years The headline German IFO business climate index came in at 99.2 in April, weaker than last month's 99.6 and missed the consensus estimates pointing to 99.9. Meanwhile, the current economic assessment also missed estimates, arriving at 103.3 points in the reported month as compared to last month's 103.8 and 103.6 anticipated. The IFO Expectations Index - indicating firms' projections for the next six months missed markets expectations by a big margin, arriving at 95.2 for April versus expectations of 96.1 and 95.6 recorded in March. The headline IFO business climate index was rebased and recalibrated in April after the IFO… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
