- The German Ifo institute's business-climate index has dropped for the sixth month, slipping to 103.2 in October from 104.7 in September and missing consensus of 104.3.
- The current-situation reading declined to 108.4 from 110.5 and undershot forecasts of 110, while the expectations print fell to 98.3 from 99.3 and vs estimates of 98.9.
- The euro shows little reaction and is +0.2% at $1.2697, while the DAX is -0.1%.
- CESifo Web site
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