German IFO Business Climate Index declines to 84.7 in December vs. 85.6 expected
FXStreetDec 17, 2024 9:02 AM
- German IFO Business Climate Index misses estimates with 84.7 in December.
- The IFO Current Economic Assessment Index rose to 85.1 in the reported month.
The headline German IFO Business Climate Index dropped to 84.7 in December from 85.7 in November. The data came in below the consensus 85.6 print.
Meanwhile, the Current Economic Assessment Index rose to 85.1 in the same period from 84.3 in November, beating the estimated 84.0 figure.
Disclaimer: The information provided on this website is for educational and informational purposes only and should not be considered financial or investment advice.
Tradingkey
Related Articles
September Fed Watch: A Policy Pivot That Could Make or Break the Bull Stock Market
TradingKey - The Fed’s September FOMC meeting is widely seen as locking in the first rate cut of 2025. Yet strategists at Morgan Stanley, JPMorgan, and Oppenheimer warn that as investors shift focus to slowing growth, a more cautious tone may replace bullish stock sentiment.TradingKey
3 hours ago
Meta Connect 2025: An Inflection Point for AR Wearables?
TradingKey - Meta Connect 2025 kicks off this Wednesday, and expectations couldn’t be higher.TradingKey
3 hours ago
Effects of Interest Rate Cuts: Impact of Fed's September Meeting on Crypto Market
The Fed’s rate cut decision is a major bullish catalyst for crypto — but it comes with uncertainty. Investors should understand the economic rationale behind the move and adjust strategies accordingly. Staying flexible, informed, and disciplined is key to thriving in crypto’s fast-moving environmentTradingKey
5 hours ago
Tradingkey
