What is it? 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. Survey of about 7,000 businesses which asks respondents to rate the relative level of current business conditions and expectations for the next 6 months.
When? At 4:00am Eastern Time.
Trading Tip: If the actual number is higher than the forecast, you can expect the EUR to rise.
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