- German business confidence rises for the fifth consecutive month in September, as executives become increasingly optimistic about the prospects for the eurozone's largest economy, where unemployment is sitting at a twenty-year low.
- The Ifo institute's business climate index rose to 107.7 this month from 107.6 (revised) in August. Economists were expecting a reading of 108.
- A read on the current situation fell to 111.4 in September from 112 in August, while a measure of expectations rose to 104.2 from 103.3.
- ETFs - Stocks: FGM, EWG, GERJ, EWGS, DBGR. Bonds: BUNL, BUNT, BUND, GGOV
Business confidence rises in Germany for fifth straight month
Sep 24 2013, 04:58 ET