German Ifo Business Climate: 101.7 v 101.6 expected and 101.8 previous

Headline beat

European data dump summary to come in following blog - click here.

**Having some CMS issues publishing the release. Adding the rest to this blog.

More mid tier data:

  • European M3 Money Supply y/y: 4.4% v 4.0% expected

Also a couple more lower tier releases:

  • Swiss Credit Suisse Economic Expectations: -4.0 v 8.0 previous
  • European Private Loans y/y: 2.9 v 3.0% expected and 2.9% previous

EUR/USD relatively unmoved as expected. Slightly coming off now.

Technical analysis blog to come.

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