Business Climate Index from the Institute for Economic Research (IFO). Germany, 11:00 (GMT+2)

At 11:00 (GMT+2), the German Institute for Economic Research (IFO) will publish its January 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. If it falls from 87.6 points, it could put pressure on the European currency.

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