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- Eurozone investor confidence rose sharply in December - Sentix
Eurozone investor confidence rose sharply in December - Sentix
The Sentix research group said, the overall investor confidence index for Eurozone rises again, the expected values even reach the highest level since March 2018! Many things are going better than expected, the prospects are brightening across the globe. The Asia ex Japan region is developing into a special source of hope - especially for the German economy.
Euro area pulls its head out of the noose
Both the assessment of the current situation (+4.5 points) and the expectations (+6 points) are rising and confirm the dynamic turn of the sentix indication from the previous month. The second improvement in a row may be taken as an indication that the spectre of recession has been dispelled in the Euro zone. More and more investors are convinced that the worst is over for the economy in the Euro zone and that impulses from the central bank and politicians will stimulate the economy in the coming months.
Germany is moving along
It is pleasing that Germany is also getting some of the positive tailwind. As a former world export champion, the country has recently been particularly affected by problems in world trade. Now that a trend reversal has been confirmed - starting with the region Asia ex Japan - this automatically means an easing for the German economy. The overall index rises by 5.1 points, the current situation and expectations improve similarly. After all, the economic expectations for Germany are at their highest level since February 2018!
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