- Analytics
- News and Tools
- Market News
- Eurozone Sentix Investor Confidence Index falls sharply to -7.3 in July vs. 0.3 previous
Eurozone Sentix Investor Confidence Index falls sharply to -7.3 in July vs. 0.3 previous
- Eurozone investors’ morale deteriorates sharply in July.
- EUR/USD keeps range below 1.0850 despite the downbeat Eurozone data.
The Eurozone Sentix Investor Confidence Index dropped sharply from 0.3 in June to -7.3 in July, according to the latest survey published on Monday.
The Expectations Index in the Eurozone fell from June’s 10.0 to 1.5 in July.
The index on the Current Situation also decreased to -32.3 in July from -26.3 in June.
Key takeaways
The results are a "bitter setback".
“The recent recovery of the European economy has come to an abrupt end.”
“The survey said that investors were concerned about French elections, upcoming German state elections and uncertainty over the US presidential election later this year.”
Market reaction to the Eurozone Sentix data
EUR/USD is holding the renewed upside near 1.0830 despite the discouraging Eurozone data. As of writing, EUR/USD is up 0.05% on the day.
© 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.
Bank transfers
