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- Eurozone investor confidence rises sharply in September: Sentix
Eurozone investor confidence rises sharply in September: Sentix
Eurozone's
investor confidence increased in September to the second-highest level on
record, and to a significantly larger extent than economists had forecast, as
the region emerged from its long-drawn recession in the second quarter, a
closely watched survey revealed Monday.
Data from a
survey conducted by think-tank Sentix showed that the headline investor
confidence index for the Eurozone climbed to
Economists
were looking for a score of -4. The September reading was the highest since May
2011. The headline index has returned to the positive territory for the first
time since July 2011.
In
September, Euro area investors were notably less downbeat about the current
situation, with the corresponding sub-indicator rising sharply to a two-year
high of -8.8 from
At the same
time, the measure of respondents' expectations for investments over the next
6-month period advanced to 23 from
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