Free Trial

Ifo Survey (Nov 2019) Preview -.........>

GERMAN DATA
MNI (London)
GERMAN DATA: Ifo Survey (Nov 2019) Preview - 0900GMT 25/11/19
---------------------------------------------------------------- 
- Ifo BUSINESS CLIMATE (BC): Bbg Cons: 95.0; Prev (Oct): 94.6 
- Ifo CURRENT SITUATION (CS): Bbg Cons: 97.9; Prev (Oct): 97.8 
- Ifo EXPECTATIONS: Bbg Cons: 92.5; Prev (Oct): 91.5 
- Markets are looking for the BC to pick up marginally in Nov after Oct's stable
reading 
- The index is trending down since late 2018 and reached its lowest level since
Nov 2012 in Aug.
- However, the last two months signal stabilisation, although at a relatively
low level. 
- The CS is forecast to pick up by 0.1pt to 97.9 in Nov following Oct's decline 
- Meanwhile, Expectations are expected to rise further in Nov. 
- Recently released PMI figures showed an increase for the manufacturing and the
composite PMI in Nov, while the flash services PMI fell to a 38-month low.
MNI London Bureau | +44 203-865-3812 | les.commons@marketnews.com
MNI London Bureau | +44 203-865-3812 | les.commons@marketnews.com

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.