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The key points from today’s economic news, brought to you by Guardian Stockbrokers.
German Ifo current assessment index advanced in November
In Germany, the Ifo current assessment index advanced to a level of 97.90 in November, compared to a reading of 97.80 in the prior month. Market anticipation was for the index to advance to a level of 98.00.
German Ifo business expectations index climbed in November
In Germany, the Ifo business expectations index advanced to a level of 92.10 in November, lower than market expectations of a rise to a level of 92.50. In the previous month, the index had registered a revised to a level of 91.60.
German Ifo business climate index rose in November
In Germany, the Ifo business climate index registered a rise to a level of 95.00 in November, compared to a revised to a level of 94.70 in the prior month. Markets were anticipating the index to rise to a level of 95.00.
US Dallas Fed manufacturing business index unexpectedly rose in November
In the US, the Dallas Fed manufacturing business index registered an unexpected rise to a level of -1.30 in November, compared to a reading of -5.10 in the prior month. Market expectation was for the index to fall to a level of -11.30.
US Chicago Fed national activity index surprisingly declined in November
In the US, the Chicago Fed national activity index fell unexpectedly to a level of -0.71 in November, compared to a reading of -0.45 in the prior month. Market expectation was for the index to rise to a level of -0.43.
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