German research group Sentix reported its Investor Confidence Index for Eurozone fell to 27.7 points in August from 28.3 points registered last month, marking the second straight monthly decline.

According to the report, the current situation index climbed to 40 this month from 37.3 in the previous month, recording improvement for the eighth time in a row, the second longest series since 2001.

At the same time, the expectations index declined to 16 from 19.8, indicating that "the economic momentum has passed its zenith."