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German business sentiment worsens slightly

Apr. 25, 2016 4:13 AM ETEWG, GF, BUNL, BUNT, EWGS, GGOV, FGM, DBGR, DXGE, HEWG, QDEU, DAXBy: Yigal Grayeff, SA News Editor1 Comment
  • The German Ifo institute's business-climate index has slipped to 106.6 in April from 106.7 in March and missed consensus of 107.
  • The current-situation reading fell to 113.2 from 113.8 and undershot forecasts that were also 113.8, and while the expectations print edged up to 100.4 from 100 it missed estimates of 100.8.
  • The euro is +0.3% at $1.1256, while the DAX is -0.9%.
  • CESifo Web site
  • ETFs: EWG, DAX, GF, DXGE, DBGR, HEWG, EWGS, BUNL, BUNT, FGM, GGOV, QDEU

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