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- The Euro area economy continues to be in good shape says Sentix
The Euro area economy continues to be in good shape says Sentix
The sentix economic index for the Euro area rises to 27.4 points, the highest since July 2007. These assessments are increasingly supported by the current situation assessment, which reached the highest level since January 2008, with 34.5 points. It is even better in Germany. Here, the current situation judgment reaches 61.3 points the fifth largest ever measured value. Quite different is the situation in the US, where investors are increasingly looking at the economic outlook. US economic expectations are falling again.
The Euroland economy is still very well estimated by investors. The overall Euroland index climbs to 27.4 points, the highest since July 2007.
This assessment is increasingly based on the assessment of the situation, which has risen to 34.5 points for the fifth time in a row.
The development in Europe thus decouples strongly from the US economic assessment, which is again declining. With 5.8 points the expectations are only just above the stagnation threshold! There are also signs of fatigue in Asia ex Japan.
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