German business confidence drops for 4th month

Note: This section contains information in English only.
Source: Reuters
German business confidence declined for a fourth consecutive month in August, touching its weakest point since March 2010, Ifo think tank reported on Monday, showing domestic companies are more sensitive to the ravages of the Euro-debt crisis and that Germany may stop being a hedge. Business sentiment index tumbled to 102.3, compared to a downgraded reading of 103.2 in July.
Back to articles

Actual Topics

Mon, 27 Aug 2012 16:41:04 GMT

Euro gains amid German sentiment index

The Euro rose to a seven-week high versus the U.S. Dollar as German business confidence dropped less than some analysts estimated, adding signs the economy can survive the sovereign-debt crisis. The Euro gained 0.1% to $1.2529, after surging to $1.2590 on Aug. 23, the most since July 4. It advanced 0.2% to 98.59 Yen, after a rise to 99.18 Yen

Mon, 27 Aug 2012 17:47:04 GMT

German equities advance despite weak business climate data

German shares moved higher on Monday on speculation that the Fed will ease its monetary policy. However, dismal Ifo Business Climate Index data capped the upswing of the German equities. Meanwhile, market participants are cautious ahead of annual economic symposium in Jackson Hole due in later in the week. The German DAX Index edged up by 0.26% to trade at

Subscribe to "Fundamental Analysis" feed

Subscribe
Per scoprire di più sulla piattaforma di Dukascopy Bank per Forex/CFD, sul SWFX ed altre informazioni relative al trading,
la preghiamo di contattarci o richiedere di essere contattato (callback request)
For further information regarding potential cooperation,
please call us or make callback request.
To learn more about Dukascopy Bank Binary Options / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
Per scoprire di più sulla piattaforma di Dukascopy Bank per Forex/CFD, sul SWFX ed altre informazioni relative al trading,
la preghiamo di contattarci o richiedere di essere contattato (callback request).
To learn more about Crypto Trading / CFD / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
To learn more about Business Introducer and other trading related information,
please call us or make callback request.
For further information regarding potential cooperation,
please call us or make callback request.