Germany: All eyes on the IFO index today – Danske Bank

Research Team at Danske Bank, suggests that the German Ifo expectations survey due for release today should send the same signal as did the PMIs released yesterday.

Key Quotes

“In September, the figure increased to the highest level since the end of 2015, above the level prior to the Brexit vote. The economic survey indicators overall suggest that GDP growth could surprise on the upside in H2, especially as many had expected a negative impact on business sentiment and, hence, investments from the increased political uncertainty following the UK's decision to leave the EU.”