German business sentiment surged to the highest level in more than two years in September in a sign that corporate concerns are easing over the economic outlook and the consequences of Britain’s decision to leave the European Union, a report from the Munich-based Ifo institute showed on Monday. Key Points Germany’s business climate index rose to 109.5 from a revised 106.3. That’s the highest since May 2014. Economists predicted a figure of 106.3. Gauges for current conditions rose to 114.7, and expectations increased to 104.5 Big Picture The figures come after the Bundesbank last week toned down its outlook for the ... (full story)