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Upside IFO Survey Surprise Eyed

MNI (London)
  • Consensus expects the German IFO survey to tick up around one point on the business climate and current assessment indices, and a further two points on expectations in today's February release ( 0900 GMT / 1000 CET).
  • Lower energy prices and easing bottlenecks remain key in improving sentiment.
  • An upside surprise may be on the cards after another marked jump in the ZEW survey yesterday.

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