German Ifo Index: mixed results anticipated – TDS

FXStreet (Barcelona) - The TD Securities Team previews the German Ifo index data release, expecting a mixed outcome as ZEW report came out strong but PMI remained soft.

Key Quotes

“The German IFO index for April is expected to be mixed after a strong ZEW report but weaker PMI. We think the risks lie to the upside for the headline business climate and the current assessment, but see risks are more balanced for expectations.”