German IFO Business Climate Index improves further to 89.4 in April vs. 88.9 expected

Source Fxstreet
  • German IFO Business Climate Index surpasses estimates with 89.4 in April.
  • IFO Current Economic Assessment improved to 88.9 in the reported month.

The headline German IFO Business Climate Index came in at 89.4 in April, way higher than the March reading of 87.9. The market forecast was for an 88.9 print.

Meanwhile, the Current Economic Assessment Index rose from 88.1 in March to 88.9 in the same period, beating estimates of 88.7.

The IFO Expectations Index – indicating firms’ projections for the next six months, improved to 89.9 in April vs. 87.7 seen in March while surpassing the expected 88.9 figure.

Market reaction to the German IFO Survey

EUR/USD fails to find inspiration from the upbeat German IFO survey. At the time of writing, the pair is trading 0.09% lower at 1.0688 amid resurgent US Dollar demand.

About German IFO

The headline IFO business climate index was rebased and recalibrated in April after the IFO Research Institute changed the series from the base year of 2000 to the base year of 2005 as of May 2011 and then changed series to include services as of April 2018. The survey now includes 9,000 monthly survey responses from firms in the manufacturing, service sector, trade and construction.

Disclaimer: For information purposes only. Past performance is not indicative of future results.
placeholder
Solana whale sbfonchain.sol is back to buying the hottest meme tokensOne of the most widely watched meme token traders, sbfonchain.sol, is back to buying.
Author  Cryptopolitan
Dec 20, 2024
One of the most widely watched meme token traders, sbfonchain.sol, is back to buying.
placeholder
EUR/USD corrects as Trump tariff fears increase safe-haven appealEUR/USD corrects to near 1.0450 in Monday’s European session after revisiting a six-week high near 1.0520 on Friday.
Author  FXStreet
Jan 27, 2025
EUR/USD corrects to near 1.0450 in Monday’s European session after revisiting a six-week high near 1.0520 on Friday.
placeholder
ECB Policy Outlook for 2026: What It Could Mean for the Euro’s Next MoveWith the ECB likely holding rates steady at 2.15% and the Fed potentially extending cuts into 2026, EUR/USD may test 1.20 if Eurozone growth proves resilient, but weaker growth and an ECB pivot could pull the pair back toward 1.13 and potentially 1.10.
Author  Mitrade
Dec 26, 2025
With the ECB likely holding rates steady at 2.15% and the Fed potentially extending cuts into 2026, EUR/USD may test 1.20 if Eurozone growth proves resilient, but weaker growth and an ECB pivot could pull the pair back toward 1.13 and potentially 1.10.
placeholder
My Top 5 Stock Market Predictions for 2026Five 2026 market predictions written in a native, news-style voice: AI’s winners and losers, broader sector leadership, dividend demand, valuation cooling as the Shiller CAPE sits at 39 (Dec. 31, 2025), and quantum-computing bursts—while keeping all original facts and numbers unchanged.
Author  Mitrade
Jan 06, Tue
Five 2026 market predictions written in a native, news-style voice: AI’s winners and losers, broader sector leadership, dividend demand, valuation cooling as the Shiller CAPE sits at 39 (Dec. 31, 2025), and quantum-computing bursts—while keeping all original facts and numbers unchanged.
placeholder
$4,050: Gold dives to fresh two-week low as Fed rate hike bets boost US DollarGold (XAU/USD) drifts lower for the second straight day – also marking the fifth day of a negative move in the previous six – and drops to a nearly two-week low during the Asian session on Wednesday.
Author  FXStreet
Jun 24, Wed
Gold (XAU/USD) drifts lower for the second straight day – also marking the fifth day of a negative move in the previous six – and drops to a nearly two-week low during the Asian session on Wednesday.
Related Instrument
goTop
quote