German IFO Business Climate Index declines to 85.4 in September vs. 86.0 expected

German IFO Business Climate Index misses estimates with 85.4 in September.
The IFO Current Economic Assessment Index fell to 84.4 in the reported month.

The headline German IFO Business Climate Index dropped to 85.4 in September from 86.6 in August, missing the market expectations of 86.0.

Sep 24, 2024

Germany IFO – Expectations meets forecasts (86.3) in September

Mexican Peso steady ahead of inflation data, Banxico meeting

The Mexican Peso (MXN) fluctuates between tepid gains and losses in its major pairs on Tuesday, ahead of key inflation data later in the day, followed by the Bank of Mexico (Banxico) September policy meeting on Thursday – both factors that could influence the Mexican currency.