In Germany, the ZEW economic sentiment indicator for May was well below its historical average, while the Ifo business climate index declined for the fourth month in a row.

德国方面，5月份ZEW经济信心指针远低于过往的平均水平，而Ifo商业信心指数亦连续第四个月下跌。

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BERLIN - German business confidence improved for a fifth consecutive month in August as the economy showed signs of recovery from its deep downturn, said the Ifo business Climate Survey.

柏林——根据IFO商业景气调查的结果，随着德国经济显示出从陡峭下滑中复苏的迹象，8月份德国的商业信心连续第五个月提升。

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The German Ifo Institute’s business climate index rose to 107.6 in October, according to news reports. The indicator was expected to slip to 106.4 from 106.8 in September.

根据最新报道称，德国10月份Ifo商业景气指数上升至107.6，此前分析师预计该指数从9月份的106.8下滑至106.4。

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Climbing to an early morning high of 1.2966 after an extremely positive German Ifo Business climate reading of 106.2, the euro has been getting pummeled ever since.

FORBES: Euro Stressed Over Bank Tests

In Germany the Ifo Business Climate Index, compiled by a research institute at the University of Munich, dropped to 111.1 from 111.3, according to a news release Friday.

FORBES: Waning Sentiment Comes Alongside Advice For More Caution

Germany's Ifo business-climate index recovered in November from its sharp fall of the previous month.

ECONOMIST: Overview | The