- IFO Current Assessment (Nov) M/M 108.1 vs. Exp. 106.3 (Prev. 107.3)
- IFO Expectations (Nov) M/M 95.2 vs. Exp. 93.0 (Prev. 93.2)
- German IFO are commenting that the German economy is holding up despite the economic crisis.
Reaction details (09:06)
- In immediate reaction to the better than expected data release:
- Dax moved to the upside from 7222 to 7240.
- Bund future dropped from 142.43 to 142.29.
- EUR/USD moved 28 pips to the upside from 1.2876 to 1.2904.
23 Nov 2012 - 09:02 - - Source: Newswires
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