BREAKING: DE30 extends bearish trend after IFO Business Climate!

9:00 AM BST, Germany, IFO Business Climate for May.

Currently: 91.7. Expected 93. Previous 93.6
The current IFO rating in Germany in May was 94.8 (forecast: 94.7; previous: 95.0).
IFO expectations in Germany in May were 88.6 (forecast: 91.6; previously: 92.2).

DE30 extends declines after publications and dips below 16k level breaking significant support zone. Source: xStation 5

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Risk aversion to start the month

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