Germany: Looking for a little more upside across the board for IFO survey - TDS

Research Team at TDS, is looking for a little more upside across the board for Germany’s IFO survey.

Key Quotes

“Markets are looking for +0.2pt gains for the headline index and both the current assessment and expectations sub-components, but we look for slightly larger increases of around 0.7-0.8pts each, as the German economy seems to have decent momentum into the second half of the year.”

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USD/CAD flirting with lows around 1.2920

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