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25 Apr 2016
German IFO expectations likely to stay at the current low levels – Danske Bank
Research Team at Danske Bank, suggests that today, the German IFO expectations for April are released, which they expect to stay at the current low levels in line with our expectations for the PMI figures.
Key Quotes
“However, financial sentiment has improved lately as indicated by the increase in the ZEW expectations, which could have a spill-over to the economic survey and hence support a small increase in the figures.
Members of the ECB Executive Board Constâncio and Coeuré will be speaking in Frankfurt today and focus will be on their comments in relation to Draghi's statements last week at the ECB meeting.”
Key Quotes
“However, financial sentiment has improved lately as indicated by the increase in the ZEW expectations, which could have a spill-over to the economic survey and hence support a small increase in the figures.
Members of the ECB Executive Board Constâncio and Coeuré will be speaking in Frankfurt today and focus will be on their comments in relation to Draghi's statements last week at the ECB meeting.”