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The key points from today’s economic news, brought to you by Guardian Stockbrokers.
German Ifo current assessment index unexpectedly climbed in August
In Germany, the Ifo current assessment index registered an unexpected rise to a level of 106.40 in August, compared to market expectations of a drop to a level of 105.30. In the previous month, the index had registered a revised reading of 105.40.
German Ifo business expectations index rose in August
In Germany, the Ifo business expectations index climbed to a level of 101.20 in August, higher than market expectations of a rise to a reading of 98.40. In the previous month, the index had registered a level of 98.20.
German Ifo business climate index advanced in August
The Ifo business climate index in Germany registered a rise to a level of 103.80 in August, compared to a reading of 101.70 in the previous month. Market expectation was for the index to rise to a level of 101.80.
US Chicago Fed national activity index fell in July
In the US, the Chicago Fed national activity index eased to a level of 0.13 in July, compared to a revised level of 0.48 in the prior month. Markets were expecting the index to ease to a level of 0.45.
US Dallas Fed manufacturing business index declined in August
The US Dallas Fed manufacturing business index fell to a level of 30.90 in August, compared to market expectations of a fall to a level of 30.00. In the previous month, the index had registered a level of 32.30.
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