Following the release of the German IFO Business Survey, the institute’s Economist Klaus Wohlrabe said that “supply shortages in industry sector worsened in September.”
Additional quotes
No sign that shortages will ease.
Supply crisis to last until at least end of the year.
Upward trend in construction sector continues.
EUR/USD remains capped below 1.1750
EUR/USD is keeping its range trade intact below 1.1750 amid risk aversion and poor German data. The spot was last seen trading at 1.1730.
