Germany June Ifo business climate index 88.4 vs 88.2 expected

• Prior 87.5
• Current conditions 86.2 vs 86.5 expected
• Prior 86.1
• Expectations 90.7 vs 90.0 expected
• Prior 88.9; revised to 89.0

The headline estimate improved only marginally but the good news is the uptick in expectations/outlook at least. That suggests a more optimistic view on the German economy as tariff fears continue to be brushed aside for the time being.

This article was written by Justin Low at www.forexlive.com.