Market research group Sentix released its investor confidence index for the Eurozone on Monday. The index fell to 18.4 in August from 18.5 in July.
A reading above 0.0 indicates optimism, below indicates pessimism.
"Despite the global headwinds, the euro zone's economy appears to be in relatively good form. The euro zone has swallowed the turmoil surrounding Greece and a further collapse in economic momentum there relatively well," Manfred Huebner from Sentix said.
The current conditions index climbed to 15.3 in August, the highest level since July 2011.
The expectations index dropped to 21.5 in August from 22.3 in July.
German investor confidence index declined slightly.
© 2000-2024. All rights reserved.
This site is managed by Teletrade D.J. LLC 2351 LLC 2022 (Euro House, Richmond Hill Road, Kingstown, VC0100, St. Vincent and the Grenadines).
The information on this website is for informational purposes only and does not constitute any investment advice.
The company does not serve or provide services to customers who are residents of the US, Canada, Iran, The Democratic People's Republic of Korea, Yemen and FATF blacklisted countries.
Making transactions on financial markets with marginal financial instruments opens up wide possibilities and allows investors who are willing to take risks to earn high profits, carrying a potentially high risk of losses at the same time. Therefore you should responsibly approach the issue of choosing the appropriate investment strategy, taking the available resources into account, before starting trading.
Use of the information: full or partial use of materials from this website must always be referenced to TeleTrade as the source of information. Use of the materials on the Internet must be accompanied by a hyperlink to teletrade.org. Automatic import of materials and information from this website is prohibited.
Please contact our PR department if you have any questions or need assistance at pr@teletrade.global.