Monday’s a light day for scheduled economic releases, although the limited lineup of updates may give a strong indication of the outlook for macro risk. First up is the Ifo Institute’s monthly profile of business sentiment in Germany. Later, two US reports will be closely read for guidance on assessing the degree of forward economic momentum. Germany: Ifo Business Climate Index (09:00 GMT) German economic resilience has undoubtedly kept Europe from suffering a more miserable fate. Although the last several years have been no picnic for the Eurozone, the macro climate would surely be a whole lot worse these days if ... (full story)