Europe Week Ahead: German Ifo, Eurozone -M3, -ESI, -Flash HICP

We forecast a small decline in the German IFO index of business climate in September, from 102.3 to 102.0, as opposed to consensus expectations centring on a small rise. The IFO was relatively resilient in H112 and in recent months, hence we think that there is limited potential for a strong rebound... FF News: Fundamental

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