Eurozone: Focus on German IFO and ECB speak – TDS

Sandeep Kanihama FXStreet Contributor

Analysts at TD Securities are looking for 2-point declines across both components of the German IFO for November, with the Current Assessment falling to 103.9 (mkt: 105.5) and the Expectations Index dropping to 97.8 (mkt: 99.3), reflecting in part the slide in last week's PMIs.

Key Quotes

“The ECB's Praet speaks at 9am, Nowotny and Coure at noon, and Draghi appears before the European Parliament at 2pm (all times GMT).”

Author

Sandeep Kanihama

FXStreet Contributor

Sandeep Kanihama is an FX Editor and Analyst with FXstreet having principally focus area on Asia and European markets with commodity, currency and equities coverage. He is stationed in the Indian capital city of Delhi.

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