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Eurozone investor sentiment jumps to the highest since November 2018


January, 06 2020
watermark Economic news

According to Sentix Research Center, investor sentiment in the eurozone improved in January for the third month in a row. Moreover, the current mood indicator has reached the highest level since November 2018. According to experts, this was facilitated by positive economic news from Asia and the easing of tension in trade relations between the United States and China.


So, the Sentix index, which measures investor confidence in the eurozone, jumped from 0.7 points in December to 7.6 points in January. The results of the study, during which 932 investors were interviewed, reflected the absence of risks of a recession in the European economy.


In addition, today's IHS Markit data showed that the euro area business activity index (PMI) in December rose to a maximum of four months (up to 50.9 points).

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Foreign exchange is highly speculative and complex in nature, and may not be suitable for all investors. Forex trading may result in a substantial gain or loss. Therefore, it is not advisable to invest money you cannot afford to lose. Before using the services offered by ForexMart, please acknowledge the risks associated with forex trading. Seek independent financial advice if necessary. Please note that neither past performance nor forecasts are reliable indicators of future results.