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Germany: See a bit of upside to IFO data today - TDS

Analysts at TDS see a bit of upside to Germany’s IFO data today, after some of the strength we’ve seen in other European surveys for the month.

Key Quotes

“We look for the headline business climate to improve from 110.4 to 110.9 in Dec (mkt 110.5), with a bit more strength in expectations than the current assessment.”

NZD/EUR: Neutral state for the week ahead - Westpac

Imre Speizer, Research Analyst at Westpac, notes that the NZD/EUR briefly broke above the 0.6350-0.6800 expanding range it has resided in for the past
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ECB’s primary objective: Inflation below, but close to, 2% over medium term - Westpac

Tim Riddell, Research Analyst at Westpac, suggests that a reminder of ECB’s primary objective highlights why, with credit demand and growth so low, EC
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