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Germany IFO - Current Assessment came in at 123.6, below expectations (124.8) in September

German September IFO business climate surprises on the downside

The headline German Ifo business climate surprised to the downside, coming in at 115.2 points in September, down from 115.9 recorded last month and ex
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Minor setback for world trade but upward trend expected to continue - ING

World trade shows a minor setback in July of -0.4% MoM, following 0% growth in June (initial estimate: 0.5%), notes Timme Spakman, Economist at ING.
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