What is it? It checks the level of a diffusion index based on surveyed German institutional investors and analysts.
It's a leading indicator of economic health - investors and analysts are highly informed by virtue of their job, and changes in their sentiment can be an early signal of future economic activity.
When? January 20th at 5:00am Eastern Time.
Trading Tip: If the actual number is higher than the forecast, you can expect the EUR to rise.
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