9:01 AM · 25 October 2024

BREAKING: DE40 ticks higher after upbeat IFO reading

German IFO Business Climate Oct: 86.5 (est 85.6; prev 85.4)

- IFO Current Assessment: 85.7 (est 84.4; prev 84.4)

- IFO Expectations: 87.3 (est 86.9; prev 86.3)

The data confirms an improvement in the economic situation in Germany, although from a historical perspective these are still low levels.

Source: xStation

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