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The key points from today’s economic news, brought to you by Guardian Stockbrokers.
Germany Ifo business climate index dropped more than anticipated in July
In Germany, the Ifo business climate index fell to 88.60 in July, compared to a revised reading of 92.20 in the prior month. Markets were anticipating the index to record a fall to 90.50.
Germany Ifo current assessment index declined more than expected July
In Germany, the Ifo current assessment index fell to 97.70 in July, compared to a revised reading of 99.40 in the previous month. Markets were expecting the index to fall to 98.20.
Germany Ifo expectations index fell more than anticipated in July
In Germany, the Ifo business climate index fell to 80.30 in July, compared to a revised reading of 85.50 in the prior month. Market anticipations were for the index to record a fall to 83.00.
US Chicago Fed National Activity index remained unchanged in June
In the US, the Chicago Fed National Activity index remained unchanged at -0.19 in June. Market expectations were for the index to record a rise to -0.03.
US Dallas Fed manufacturing business index unexpectedly declined in July
In the US, the Dallas Fed manufacturing business index unexpectedly fell to -22.60 in July, compared to a reading of -17.70 in the previous month. Markets were expecting the index to rise to -12.50.
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