German IFO Business Climate Indicator Rises, Sends European Shares and Euro Higher
January 25, 2013 at 07:29 AM EST
The German IFO Business Climate Indicator, a broad leading indicator of the health of Europe's largest economy, rose in January and beat expectations of economists. European shares rose, led by those in Germany and the euro climbed on the news. In January, the German IFO Business Climate Index rose to 104.2
