Germany November Ifo business climate index 87.3 vs 87.5 expected ...Middle East

Prior 86.9Current conditions 89.4 vs 89.5 expectedPrior 89.2Expectations 85.2 vs 85.7 expectedPrior 84.7; revised to 84.8The readings are an improvement to October even if they do miss on estimates slightly. It at least reaffirms that German business morale isn't worsening in November and that is a welcome development amid all the recent pessimism surrounding Europe's largest economy as of late. This article was written by Justin Low at www.forexlive.com.

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