At 10:00 (GMT+2), the German April business climate index from the Economic Research Institute (IFO) will be published, based on a survey of 7.0K heads of manufacturing, construction, wholesale, and retail trade enterprises. At the same time, an assessment of the current business situation and forecasts for the next six months is carried out. It is expected that in April, the indicator may rise for the sixth time in a row, from 93.3 points to 93.7 points. Implementation of the forecast is likely to support the European currency.
