Forex - Preview: due 22 Feb - Germany Feb Ifo business climate survey


 09:11 (GMT) 15 Feb

  [Economic Data]

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Preview: due 22 Feb - Germany Feb Ifo business climate survey (0100-XPCP-C01)

We expect to see further improvement in the Ifo survey in February with the main index rising to 118 (prev: 117.6). The current situation index is however expected to correct a little lower to 127 (prev: 127.7) but business expectations is seen rising to 109 (prev: 108.4). Domestic demand is expected to gather strength on the back rising wage growth and the economic outlook is also supported by more broad-based growth in EZ as a whole.


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