| Outcome | Probability | Yes Bid | Yes Ask | 24h Change | Volume | |
|---|---|---|---|---|---|---|
| Above 83.6 | 0% | 0¢ | 0¢ | — | $0 | Trade → |
| Above 83.8 | 0% | 0¢ | 0¢ | — | $0 | Trade → |
| Above 84 | 0% | 0¢ | 0¢ | — | $0 | Trade → |
| Above 84.2 | 0% | 0¢ | 0¢ | — | $0 | Trade → |
| Above 84.4 | 0% | 0¢ | 0¢ | — | $0 | Trade → |
| Above 84.6 | 0% | 0¢ | 0¢ | — | $0 | Trade → |
| Above 84.8 | 0% | 0¢ | 0¢ | — | $0 | Trade → |
| Above 85 | 0% | 0¢ | 0¢ | — | $0 | Trade → |
| Above 85.2 | 0% | 0¢ | 0¢ | — | $0 | Trade → |
| Above 85.4 | 0% | 0¢ | 0¢ | — | $0 | Trade → |
| Above 85.6 | 0% | 0¢ | 0¢ | — | $0 | Trade → |
| Above 85.8 | 0% | 0¢ | 0¢ | — | $0 | Trade → |
| Above 86 | 0% | 0¢ | 0¢ | — | $0 | Trade → |
| Above 86.2 | 0% | 0¢ | 0¢ | — | $0 | Trade → |
| Above 86.4 | 0% | 0¢ | 0¢ | — | $0 | Trade → |
This market tracks the official Ifo Business Climate Index for Germany, a premier leading indicator for the Eurozone's largest economy. Traders are forecasting the specific monthly reading reported by the Ifo Institute, which reflects German corporate sentiment.
The Ifo Institute surveys roughly 9,000 businesses across manufacturing, construction, wholesaling, and retailing. It serves as a bellwether for German GDP growth, as managers' assessments of current conditions and their six-month expectations often correlate with broader economic turning points.
Market prices represent the collective expectation of participants regarding where the final index reading will settle within defined ranges.
It is a composite index derived from survey responses regarding current business conditions and expectations for the next six months.
The Ifo Institute typically releases the data in the final week of the reference month.
Because it captures the forward-looking sentiment of thousands of managers, it often signals economic expansion or contraction before hard data like GDP is officially reported.
Since Germany is a major manufacturing hub, spikes in energy costs disproportionately impact corporate sentiment and the overall index reading.
It covers the majority of the private sector, including manufacturing, services, trade, and construction, making it a comprehensive gauge of business confidence.