Seeking Alpha

German business confidence rises again

  • Germany's Ifo index of business confidence has risen to 107.5 this month from 106.2 in July and topped consensus of 107.
  • Current assessment 112 vs 110.1 and 111.
  • Expectations 103.3 vs 102.4 and 103. (PR)
  • DAX is -1.2%, while the euro takes a bit of a tumble vs the dollar and is -0.1%.
  • ETFs - German stocks: FGM, EWG, GERJ, EWGS, DBGR. Bonds: BUNL, BUNT, BUND, GGOV. Euro: FXE, ERO, ULE, URR, EUO, DRR, EUFX
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