Eurozone investor sentiment has extended its upbeat momentum in the second month of 2022according to the latest data released by the research group Sentix on Monday.
The indicator rose to 16.6 points in February from 14.9 seen in January versus an expected advance to 15.2. The index has extended its recovery from the lowest levels since April 2020.
The current conditions index rose to 19.3 in February from 16.3.
The expectations index rebounded to 14.0 in February from 13.5, the highest reading since July 2021.
Sentix CEO Patrick Hussy said: “The development in the US is problematic. Here the overall index is falling for the third time in a row, which is due to lower expectations.”
About Sentix Eurozone Investor Confidence
This report, published by Sentix GmbH, reflects the trend of investor confidence in the European Union economy. An increase in the number of investments is perceived as a positive outlook on the Euro Zone economy and in turn is bullish for the currency. On the other hand, a decrease in investments is negative for the economy and bearish for the euro.
Source: Fx Street
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