The Eurozone Sentix Investor Confidence index improves to -8.7  in April from -11.1 in February vs. -9.9 expected.

The Current Situation Index rose for the sixth month in a row in April, to -4.3 from -9.3. An Expectations Index, on the other hand, held steady at -13.0.

Key takeaways

"There is no doubt that the Eurozone economy has weathered the winter months better than many feared in the fall.”

“The mild winter and efforts to conserve energy helped prevent a dangerous energy shortage.”

EUR/USD reaction 

The shared currency is unaffected by the upbeat Eurozone Sentix data. EUR/USD is trading at 1.0900, up 0.38% on the day.