Sentix investor confidence index for the Eurozone rises to 9.9 in June

Market news

6 June 2016

Sentix investor confidence index for the Eurozone rises to 9.9 in June

Market research group Sentix released its investor confidence index for the Eurozone on Monday. The index rose to 9.9 in June from 6.2 in May, exceeding expectations for an increase to 7.1. It was the highest level since December 2015.

A reading above 0.0 indicates optimism, below indicates pessimism.

"Investors' perception brightens with regards to both current situation and expectation values," Sentix said in its statement.

The current conditions index was up to 9.8 in June from 7.0 in May.

The expectations index climbed to 10.0 in June from 5.5 in May.

German investor confidence index rose to 20.7 in June from 18.3 in May.

German seasonal adjusted factory orders fall 0.2% in April

Fed Governor Lael Brainard: the Fed should wait until the U.S. economy strengthens before raising its interest rates further

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