
At 11:00 (GMT+2), the German Institute for Economic Research (IFO) will publish its October Business Expectations Index. The index is based on a survey of 7.0 thousand managers in the manufacturing, construction, wholesale and retail sectors and assesses expectations for the next six months. According to the forecast, in October the indicator may decrease from 89.7 points to 89.1 points. The implementation of the forecast can put pressure on the euro.

