At 11:00 (GMT+2), the German Institute for Economic Research (IFO) will publish its October Business Climate Index. It is based on a survey of 7.0 thousand managers in the manufacturing, construction, wholesale and retail sectors and assesses overall investor sentiment in the reporting month. The indicator is expected to decline from 87.7 points to 87.0 points in October. The implementation of the forecast can put pressure on the euro.
