According to the report from Sentix, at the beginning of March, the global economy is on a sustained recovery path, increasingly driven less by expectations for the future and more by improvements in the assessment of the situation. The global situation index rises for the tenth time in a row to 5.5 points, the overall index even for the eleventh time in a row to the best value since March 2018. The picture is basically the same in all world regions, the upswing is thus broad-based. In Euroland, the situation assessment also improved significantly from -27.5 to -19.3 points, despite continuing restrictions in many countries.

The restrictions still in force in many eurozone countries due to the Corona containment measures surprisingly have only a minor impact on the sentix business cycle indices. While the expectation values for the Eurozone remain stable in positive territory at +32.5, the situation assessment can improve by 8.2 points to -19.3. This is the best value since March 2020, meaning that around 80% of the gap left by the Corona crisis has already been wiped out. For around the turn of the year 2019 / 2020, the situation assessment was around plus / minus zero. The hope of investors is that this recovery path will continue. On a positive note, the pandemic seems to have peaked at the global level and vaccination is also progressing well in that the number of immunised individuals is increasing and statistics suggest that effective vaccination protection is being achieved. These trends allow for a faster opening of the economy. This is what investors are betting on.