Eurozone investor confidence improved slightly in May - Sentix

According to the report from Sentix, the economy in Euroland is in the middle of a deep crisis. For the fourth time in a row, the economic situation is falling to an all-time low of -73 points. The fact that the overall index nevertheless improves slightly to - 41.8 is due to expectations that are rising by 12.8 points.

The global situation continues to fall at the beginning of May, marking new all-time lows in many regions of the world. The Global Aggregate Index is also at an all-time low of -60.5 points. Nevertheless, there are glimmers of hope. Expectations may improve across the board. In some regions, they are even positive again, giving rise to hopes that a stabilization phase will begin. Compared to the hard impact of the situation, the upswing is proceeding rather gently. Austria deserves special attention.

The economy in the euro zone has experienced a breath-taking crash in recent weeks. The administrative order to halt social and economic activities has led to a considerable economic slump. In the meantime, this collapse goes far beyond the distortions caused by the financial crisis. At the beginning of May, the assessment of the situation by the investors surveyed by sentix falls to an all-time low of -73 points, a further drop of 7 index points. But whenever the night is at its darkest, dawn is approaching. This also applies to the economy now. This dawn comes in the guise of easing the hard restrictions on economic activity. Countries like Germany and Austria are in a position to gradually lift the often drastic measures. In the sentix economic index, this light at the end of the tunnel is shown by an increase in the expectation values from -15.8 to -3 points.