• Sentix investor confidence index for the Eurozone slides to 6.0 in February

Market news

8 February 2016

Sentix investor confidence index for the Eurozone slides to 6.0 in February

Market research group Sentix released its investor confidence index for the Eurozone on Monday. The index slid to 6.0 in February from 9.6 in January. It was the lowest level since April 2015.

A reading above 0.0 indicates optimism, below indicates pessimism.

"Although the values for Asia ex Japan recover something, this month results do not shape a fundamentally new image. In particular, the loss of momentum in Germany and the United States weighs heavily and stresses that the global economy is now in a very fragile state," Sentix said in its statement.

The current conditions index fell to 10.5 in February from 13.0 in January.

The expectations index plunged to 1.5 in February from 6.3 in January.

German investor confidence index dropped to 14.5 in February from 18.1 in January.

Market Focus
Material posted here is solely for information purposes and reliance on this may lead to losses. Past performances are not a reliable indicator of future results. Please read our full disclaimer
Open Demo Account & Personal Page
I understand and accept the Privacy Policy and agree to my name and contact details being used by TeleTrade to contact me about this.