Economic Report 4:00 AM – German Ifo Business Climate of 109.7 missed the forecast of 110.3. German DAX is struggling to get off the lows. 4:30 AM – UK BBA Mortgage Approvals beat at 41.8K but GBP/USD is lower 9:00 AM – US S&P/Case-Shiller Composite-20 HPI y/y reading of 10.8% disappointed the forecast of 11.7%; HPI…