Based on the last 12 Ifo Business Climate events in Germany, we expect a $298 movement on HE within 12 hours following the event release at 2025-07-25 08:00. We expect HE to trend downwards 12 hours following the event release at 2025-07-25 08:00 if the released value is < 89.0 Historical events that allowed us to draw this conclusion
24 Feb 09:00![]() |
17 Dec 09:00![]() |
24 Sep 08:00![]() |
25 Jul 08:00![]() |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).