German Ifo Institute released a new set of its indices today at 9:00 am BST. The headline business climate index came better thant expected such as other subindices from the report.
German IFO indices for October
- Business Climate: 86.9 vs 85.9 expected (85.7 previously)
- Current conditions: 89.2 vs 88.5 expected (88.7 previously)
- Expectations: 84.7 vs 83.3 expected (82.9 previously)

source: xStation 5
Market Wrap: Europe attempts rebound amid hopes of restoring traffic in Hormuz 🚢
BREAKING: USDCAD rebounds after lower than expected CPI 🇨🇦 📈
Economic calendar: Canadian CPI and US industrial production (16.03.2026)
Morning wrap (16.03.2026)