German Business Sentiment Slid Amid New Round in Trade Spat

German business confidence slipped amid an intensifying trade war between the U.S. and China and emerging-market turmoil. The closely-watched Ifo institute’s index of business confidence fell to 103.7 in September. The median forecast in a Bloomberg survey was for a drop to 103.2 from a revised 103.9. Measure for current conditions and expectations slid. German business confidence slipped amid an intensifying trade war between the U.S. and China and emerging-market turmoil. The closely-watched Ifo institute’s index of business confidence fell to 103.7 in September. The median forecast in a Bloomberg survey was for a drop to 103.2 from a revised 103.9. Measure for current conditions and expectations slid. Read more here