November 2017 German IFO business climate index 24 November 2017
- Prior 116.7. Revised to 116.8
- Current conditions 124.4 vs 125.0 exp. Prior 124.8
- Expectations 111.0 vs 108.9 exp. Prior 109.1. Revised to 109.2
Not such good news currently but things are looking positive for the future.
IFO says;
- German economy expected to grow 0.7% in Q4 2017 and 2.3% for all of 2017.
EUDUSD maintains itself at the highs of the day at 1.1864.
Also out;
- Italy industrial orders Sep 2017 -3.9% vs 8.7% prior m/m SA. Revised to 5.35
- 4.5% vs 12.2% prior y/y NSA. Revised to 9.6%
- Industrial sales -1.2% vs 2.2% prior m/m SA
- 5.2% vs 3.4% prior y/y WDA. Revised to 3.1%
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