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IFO Business Climate. Germany, 10:00 (GMT+2) 25 Oct

25Oct.202209:00

IFO Business Climate. Germany, 10:00 (GMT+2)

At 10:00 (GMT+2), the October German business climate index from the Institute for Economic Research (IFO) will be published based on a survey of 7.0K heads of manufacturing, construction, wholesale, and retail trade enterprises. The index is expected to correct from 84.3 points to 83.3 points. Implementation of the forecast may pressure the quotes of the European currency.

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Manufacturing and Services PMIs. USA, 15:45 (GMT+2)
24 Oct. 2022 14:45
Manufacturing and Services PMIs. USA, 15:45 (GMT+2)

At 15:45 (GMT+2), October Manufacturing and Services business activity indices in the US industry and services sector will be released. The indicators reflect the state of business activity in the manufacturing industry and the service sector and are calculated based on a survey of purchasing and supply managers of leading enterprises, while assessing the attitude of purchasing and supply managers to the current economic situation and prospects for its further development. It is expected that the index in the manufacturing sector will decrease from 52.0 points to 51.1 points, and for the service sector — from 49.3 points to 45.0 points.

Business Expectations. Germany, 10:00 (GMT+2)
25 Oct. 2022 09:00
Business Expectations. Germany, 10:00 (GMT+2)

At 10:00 (GMT+2), the October index of business expectations in Germany will be published, which measures business sentiment and business conditions in the country through a survey of representatives of 7.0K companies. It is predicted that the value will decrease in October from 75.2 points to 74.9 points. Implementation of the forecast may pressure the quotes of the European currency.

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