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Germany: IFO – Business Climate declines more than expected in October

FXStreet (Łódź) - According to data published on Friday by the CESifo Group, German IFO – Business Climate decreased from 104.7 in September to 103.2 in October. Market consensus pointed to a fallto 104.1.

IFO – Current Assessment dropped to 108.4 in October, versus 110.5 the previous month, below forecasts of sliding to 110.0. IFO – Expectations fell a notch to 98.3 from 99.3 and below expectations of declining to 98.9.

European Monetary Union Private loans (YoY) above forecasts (-1.3%) in September: Actual (-1.2%)

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FTSE falls in the red after a positive start

The UK Equity markets are inching lower after a positive start, tracking similar movements in the other European equity markets.
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