Sentences with phrase «german ifo»
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The German IFO business confidence index rose a touch to 117.6 from 117.2 The estimate was 117 but the components were mixed.
On the release front, German Ifo Business Climate dipped to 115.4, short of the estimate of 117.1 points.
A weaker German IFO report that softened the euro ($ 1.2224 - $ 1.2182) helped boost the greenback.
All markets will continue to focus on the volatility in the equity and bond markets, geopolitical events, developments with the Trump Administration, corporate earnings, oil prices, and will turn to reports tomorrow on Japan's Leading Index and Machine Tool Orders, German IFO, US Case - Shiller Home Price Index, New Home Sales, Richmond Fed and Consumer Confidence for near term guidance.
«If you look at when confidence indicators such as PMIs (Purchasing Managers» Index) and the German IFO index peaked, it was well before the bad weather, the threat of trade wars, Easter holidays and the U.S. tax reform.»
Populist parties offer solutions that will not solve the economic problems facing the continent, the president of the German Ifo Institute told CNBC.
Not exact matches
The Ifo index surveys 9,000 German businesses on their assessment of the current business climate, situation and their expectations for the next six months.
Germany's Ifo business climate index — a key chart of morale among German businesses — fell to 102.1 points in April from 103.3 points in March, marking the fifth consecutive month of declines.
Clemens Fuest, president of the Ifo Institute, told CNBC on Tuesday that the numbers were disappointing and pointed to a number of challenges for the German economy.
German business confidence took a hit in April, as Ifo Business Climate fell to 102.1 points, down from 114.7 points a month earlier.
German business confidence jumps The Ifo Business Climate Index hit a record high this week, reflecting confidence that Europe's economic recovery will extend into the future.
The Ifo Institute is one of the leading economic research institutes in Europe and at the same time the one most often quoted in the German media.
The IFO said simply, «The German economy made a dynamic start to the year.»
The euro then got a bullish boost a couple of hours before IFO's German business climate index was released.