Quotes from Societe Generale Cross Asset Research:
-Germany's IFO survey this morning could be a damp squib following the unchanged manufacturing PMI data on Friday.
-The survey may not do much to cool enthusiasm over growth prospects for Q1-15 after a strong finish to 2014 and cautious optimism that inflation expectations have bottomed (ZEW).
-However, the near 1.5% rise in euro on a trade-weighted basis since January suggests that the cheapening of German and euro area exports may have run its course for now.
