May report from the German IFO 25 May 2016
– 106.7 prev from 106.6
– current assessment 114.2 vs 113.3 vs 113.2 prev
– expectations 106.6 vs 100.8 exp vs 105.6 prev revised up from 100.6
Impressive readings/revisions from the IFO sees euro a little better bid but kept on the back foot by renewed EURGBP selling