German Ifo Business Climate (EUR) – 26/01

 

What is it? It checks the level of a composite index based on surveyed manufacturers, builders, wholesalers, and retailers.

It's a leading indicator of economic health - businesses react quickly to market conditions, and changes in their sentiment can be an early signal of future economic activity such as spending, hiring, and investment.

When? January 26th at 4:00am Eastern Time.

Trading Tip: If the actual higher is lower than the forecast, you can expect the EUR to rise.

 

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