All eyes on Germany IFO today - Nomura

Research Team at Nomura, expects the German Ifo business confidence index to increase 0.3 points to 108.6 in August, reversing some of the 0.4 point decline to 108.3 in July.

Key Quotes

“We also expect the current situation index to edge up 0.2 points to 114.9 in August from 114.7 in July, and the expectations index to pick up 0.3 points to 102.5.”