FXStreet (Guatemala) - Analysts at Westpac Banking Corporation explained the key events coming out of Europe and the US. Key Quotes: "Consensus for the German Oct IFO business climate is 107.8, down from 108.5 in Sep. The ZEW survey missed the median forecast by a large margin as worries about Volkswagen weighed on sentiment. Industrial production was also weak." "In the US, Sep new home sales should show activity (-1.3% m/m expected) lagging sentiment." "The Oct Dallas Fed manufacturing survey should show the sector facing headwinds from the soft trade environment." For more information, read our latest forex news.