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S&P 500 — US Large Cap Index
NASDAQ 100 — Tech Growth Index
Dow Jones — Industrial Average
FTSE 100 — UK Blue Chips
Euro Stoxx 50 — Eurozone Leaders
DAX 40 — German Equities
CAC 40 — French Market Index
Nikkei 225 — Japan Benchmark
Hang Seng — Hong Kong Index
Shanghai Composite — China Mainland
ASX 200 — Australian Market
TSX Composite — Canada Index
Nifty 50 — India Large Cap
STI Index — Singapore Market
KOSPI — South Korea Index
Bovespa — Brazil Equities
JSE Top 40 — South Africa Index
IPC Index — Mexico Market
Economic Calendar

Germany’s IFO Business Climate Index improves to 86.6 in July, beats estimates

The German IFO Institute Business Climate Index improves to 86.6 in July, higher than 86.1 estimates and the June’s reading of 85.7, revised higher from 85.6.

The IFO Current Assessment Index arrives at 86.5, lower than the previous reading of 87.0.

Expectations Index improves significantly to 86.7 from to 84.3 in June, revised higher from 84.1.

Market reaction

There seems to be no immediate impact of the data on the Euro (EUR). In European trade, EUR/USD gives up some gains due to a slight recovery in the US Dollar (USD), trading 0.23% higher at around 1.1397

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