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The key points from today’s economic news, brought to you by Guardian Stockbrokers.
German business climate index rose less than expected in April
In Germany, the business climate index climbed to a level of 96.80 in April, compared to a reading of 96.60 in the previous month. Markets were expecting the business climate index to record a rise to a level of 97.80.
German business expectations index unexpectedly dropped in April
In Germany, the business expectations index unexpectedly fell to a level of 99.50 in April, compared to a revised level of 100.30 in the previous month. Markets were expecting the index to record a rise to 101.30.
German current assessment index climbed less than anticipated in April
In Germany, the current assessment index advanced to a level of 94.10 in April, compared to a revised reading of 93.10 in the previous month. Markets were anticipating the index to rise to a level of 94.40.
US durable goods orders advanced in March
In the US, the flash durable goods orders rose 0.50% on a MoM basis in March, compared to a revised drop of 0.90% in the prior month.
US Dallas Fed manufacturing business index rose more than expected in April
In the US, the Dallas Fed manufacturing business index climbed to a level of 37.30 in April, compared to a reading of 28.90 in the prior month.
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