Germany April Ifo business climate index 86.9 vs 85.2 expected ...Middle East

Prior 86.7Current assessment 86.4 vs. 85.4 expectedPrior 85.7Expectations 87.4 vs. 85.0 expectedPrior 87.7

These are certainly better figures than feared given the trade uncertainty. It shouldn't be a surprise though given that the German PMIs showed the same yesterday and they are correlated with the IFO.

This article was written by Giuseppe Dellamotta at www.forexlive.com.

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