The Sentix index of investor confidence in the euro zone stood at -31.8 points in September, compared to -25.2 in August and -27.5 expected. The index interrupted its recovery amid growing fears of a recession.
The eurozone current situation index fell to -31.8 points in September, from -25.2 in August.
The expectations index fell to -37.0the lowest level since December 2008.
Key points
“Never before in more than 20 years of history, with the exception of the 2008 financial crisis, have investor assessments of the eurozone economy been so weak, and at the same time expectations have been so low.”
“At the moment, there are no signs of monetary support similar to the response of central banks after the economic collapse caused by the coronavirus pandemic in 2020.”
Source: Fx Street
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