German Ifo business morale unexpectedly improves in November
|The headline German Ifo business climate unexpectedly improved in November, coming in at 117.5 points versus last month's 116.8 (revised higher from 116.7) and expectations of 116.6. Meanwhile, the current economic assessment surprised to the downside, arriving at 124.4 points in the reported month, as compared to last month's 124.8 and 125.0 anticipated.
The Ifo Expectations Index – indicating firms’ projections for the next six months bettered expectations, arriving at 111.0 in November versus expectations of 108.9 and 109.2 (revised higher from 119.1) recorded in Oct.
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers.