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Quotes from Capital Economics:
- Germany's Ifo survey (09.00 GMT) is likely to show that, for now at least, the economy retains decent momentum. We forecast an overall BCI of about 110.5 in April, down slightly from March's 110.7 but still near two-year highs.
- That said, the expectations index may fall quite sharply again, echoing the message from some other indicators like the ZEW over recent months that the pace of the German economic recovery may be about to slow.
