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The Ifo Business Climate Index for Germany, slated for release at 11:00 SAST, serves as a pivotal gauge of business confidence within the economy.

Comparable to the Ifo, the *ZEW Economic Sentiment Index* provides insight into expectations for economic activity over the forthcoming six months. March saw an uptick in ZEW sentiment, suggesting that the Ifo index may display similar optimism. Historical data reflects a robust positive correlation between these two indicators.

Should the Ifo index surpass market expectations, it is anticipated to have a *bullish impact on the DAX 40 index*, potentially driving investor sentiment and equity performance higher.

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