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FX.co ★ European Economic News Preview: German Ifo Business Confidence Due

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typeContent_19130:::2024-06-24T06:58:00

European Economic News Preview: German Ifo Business Confidence Due

Business sentiment survey data from Germany stands as the sole significant economic report expected on Monday.

At 3:00 AM ET, the Czech Statistical Office is scheduled to release its business sentiment data for June.

An hour later, at 4:00 AM ET, Germany's ifo business confidence survey results will be published. Forecasts suggest the business sentiment index will rise to 89.7 in June, up from 89.3 in the previous month. Concurrently, Poland's retail sales data will also be made available.

Then, at 6:00 AM ET, the Confederation of British Industry (CBI) is set to release its Industrial Trends survey data. Projections indicate that the order book balance is expected to improve, moving from -33 percent in May to -26 percent in June.

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