Germany: IFO expectations in focus – Danske Bank

German IFO expectations are being released today and will be a key economic release for today’s session, according to analysts at Danske Bank. 

Key Quotes

“We saw a sharp decline in expectations from 111.0 in November to 109.5 in the December release, although the current situation indicator edged slightly upwards. In January, we expect the IFO expectations to take another step downwards to 108.9, while uncertainty remains around the CDU/SPD coalition in Germany.”