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%

Ryan Littlestone

Psychedelic chartist extraordinaire. Have your shades ready.
Philosophy: “Don’t be a Dick for a tick”

Read how Ryan got into trading here
Ryan Littlestone

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