9:02 AM · 25 July 2025

BREAKING: Ifo business climate improves less than expected 🇩🇪

09:00 AM BST, Germany - German Ifo Business Climate Index for July:

actual 88.6; forecast 89.0; previous 88.4;

Following initial hesitation, DE40 exteded losses below 78.6% Fibonacci retracement level after data release.

Source: xStation5

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What to expect from economic data and corporate earnings this week ❓

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Morning Wrap (18.05.2026)

Economic reports

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Losses can exceed deposits

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