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Business Climate Index from the Institute for Economic Research (IFO). Germany, 10:00 (GMT+2) 27 Jul

27Jul.202609:00

Business Climate Index from the Institute for Economic Research (IFO). Germany, 10:00 (GMT+2)

At 10:00 (GMT+2), the German Institute for Economic Research (IFO) will publish its July business climate index. It is based on a survey of 7.0K managers in the manufacturing, construction, wholesale and retail sectors and assesses overall investor sentiment in the reporting month. If it corrects from 85.6 points, it will support the position of the national currency.

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Business Expectations Index. Germany, 10:00 (GMT+2)
27 Jul. 2026 09:00
Business Expectations Index. Germany, 10:00 (GMT+2)

At 10:00 (GMT+2), the German Institute for Economic Research (IFO) will publish its July Business Expectations Index. The index is based on a survey of 7.0K managers in the manufacturing, construction, wholesale and retail sectors and assesses expectations for the next six months. If the indicator rises by 84.1 points, this will support the exchange rate of the European currency.

The Confederation of British Industry (CBI) Retail Sales Change Index. UK, 12:00 (GMT+2)
27 Jul. 2026 11:00
The Confederation of British Industry (CBI) Retail Sales Change Index. UK, 12:00 (GMT+2)

At 12:00 (GMT+2), the UK will publish July data on the retail sales index from the Confederation of British Industry (CBI), which is based on a survey of representatives of 20.0 thousand retail outlets and companies, including wholesale and retail sectors. It is a leading indicator of consumer spending and represents the difference between the percentage of retailers reporting an increase in sales volumes and those reporting a decrease. If there is a slowdown in the negative dynamics to −54.0 points, this will support the pound.

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