At 10:00 (GMT+2), April German Ifo Business Climate Index will be published. It is based on a survey of managers of 7,000 manufacturing enterprises, the construction sector, wholesale and retail trade. The assessment is made of the current business situation and expectations for the next 6 months. It is predicted that in April the figure may rise for the first time since September last year. The growth from 99.6 to 99.9 points is expected. The implementation of the forecast will strengthen the position of EUR.
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