German Ifo and Eurozone PMI

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Most Important -> Eurozone Manufacturing Purchasing Manager's Index (#PMI)

Much like was mentioned in [[The importance Of Economic Reports]] as being Jason's single favourite report for reading the economy. It also comes up in [[China PMI]].

Also has a break even of 50

Even if it's above 50 a sharp drop is bad news

Ifo --> Information und Forschung

• Current business situation
• Six-month outlook
• Economic sentiment number (average of 1 and 2)
• (no break-even number)

German economy = 20% of the Eurozone economy

Ifo tends to impact global markets

Top two indicators are the ones in the title