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Germany Ifo Business Climate Index

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Germany Ifo Business Climate Index

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Delivery Method

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Status

 
Latest Release
Mar 22, 2024
Actual
87.8
Forecast
85.9
Previous
85.7
The German Ifo Business Climate Index rates the current German business climate and measures expectations for the next six months. It is a composite index based on a survey of manufacturers, builders, wholesalers and retailers. The index is compiled by the Ifo Institute for Economic Research.

A higher than expected reading should be taken as positive/bullish for the EUR, while a lower than expected reading should be taken as negative/bearish for the EUR.
Importance:
Country:
Currency: EUR
Source: Ifo Institute for Economic Res...
Germany Ifo Business Climate Index
 
Release Date Time Actual Forecast Previous
Apr 24, 2024 (Apr) 04:00     87.8
Mar 22, 2024 (Mar) 05:00 87.8 85.9 85.7
Feb 23, 2024 (Feb) 05:00 85.5 85.5 85.2
Jan 25, 2024 (Jan) 05:00 85.2 86.7 86.3
Dec 18, 2023 (Dec) 05:00 86.4 87.8 87.2
Nov 24, 2023 (Nov) 05:00 87.3 87.5 86.9

News

Top 5 things to watch in markets in the week ahead
Top 5 things to watch in markets in the week ahead By Investing.com - Feb 18, 2024 8

Investing.com -- In the holiday shortened week ahead investors will be looking to the latest Federal Reserve minutes for any new insights on the direction of monetary policy. Earnings from chipmaker...

Analysis

German Ifo Business Climate Index Discussion

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All Comments (24)
Cesar Miguel Figueira Pires
Cesar Miguel Figueira Pires Dec 18, 2023 3:56AM ET
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EURUSD going down, expect a high swing tough
based home
based home Feb 22, 2022 3:17AM ET
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eur DOWN
sachinda shehan
sachinda shehan Apr 25, 2021 4:17AM ET
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eur must go down
Lily Sahiful B
Lily Sahiful B Apr 25, 2021 4:17AM ET
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why?
Asim Ali
Asim Ali Dec 17, 2020 11:34AM ET
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what about eurjpy
Julie Austria
Julie Austria Apr 24, 2020 3:21AM ET
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you should go down
Sanjeewa Sampath
Sanjeewa Sampath Jan 24, 2017 5:56PM ET
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up or down
LexyFX Global Trading
LexyFX Dec 19, 2016 5:16AM ET
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The IFO news effects EURUSD SELL/DOWN. So for all who saw a SELL it was a good analysis
Thierry van der Kallen
Thierry van der Kallen Jan 26, 2015 4:25AM ET
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The IFO reading today is not of that much significance due to the results of the greek vote. This alone has a stronger impact on market sentiment on EURUSD. So I expect before US session a slightly stronger EUR but this will be reversed in the afternoon.
omari gyebi
omari gyebi Jan 26, 2015 3:42AM ET
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down
Omz Dom
Omz Dom Jan 25, 2015 1:22PM ET
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Does one ever get an answer here? UP or DOWN PLS.
Steve Elliott
Steve Elliott Jan 25, 2015 1:22PM ET
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I doubt it will do much at all until US session....
name name
JOHN2601 Jan 25, 2015 1:22PM ET
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you check the result first ..this result show greensignal ... euro value increase so you trade like EURO/USD GO UP. IF it is red or black result the value of euro come down you trade like euro / usd put ...... other example...incase USD value going up ... USD give less value money for EUR, EURO USD trade like put.
 
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