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Germany June Ifo enterprise local weather index 88.4 vs 88.2 anticipated

  • Prior 87.5
  • Current conditions 86.2 vs 86.5 expected
  • Prior 86.1
  • Expectations 90.7 vs 90.0 expected
  • Prior 88.9; revised to 89.0

The headline estimate improved only marginally but the good news is the uptick in expectations/outlook at least. That suggests a more optimistic view on the German economy as tariff fears continue to be brushed aside for the time being.

This article was written by Justin Low at www.forexlive.com.

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