DEIFO
Germany Ifo business expectations index
  • Prior 87.5
  • Current conditions 86.2 vs 86.5 expected
  • Prior 86.1
  • Expectations 90.7 vs 90.0 expected
  • Prior 88.9; revised to 89.0

The headline estimate improved only marginally but the good news is the uptick in expectations/outlook at least. That suggests a more optimistic view on the German economy as tariff fears continue to be brushed aside for the time being.

Source: Forex Live