Sharecast News
05 Feb, 2024 10:25 05 Feb, 2024 12:18

EZ investor sentiment rises again in Feb, but Germany still weighs - Sentix

Investor sentiment in the eurozone rose in February for the fourth month in a row, according to a survey published on Monday.

The Sentix economic index for the eurozone climbed 2.9 points to -12.9 points in February, better than expectations of -15.

However, recovery in the single-currency bloc remains sluggish, Sentix said, "mainly due to Germany" where the current assessment there fell to -39.3 points, while expectations recovered only by 2.3 points.

"With the expectations component still at -14.0 points, the recession theme therefore remains. Internationally, there are increasing signs of recovery," it added.

Reporting by Frank Prenesti for Sharecast.com


News Source: © 2024 Web Financial Group (UK) Limited. All rights reserved and terms of use apply.

Important Legal Notice about News Sources: Pilling and Co Stockbrokers Ltd. is not responsible for the content or accuracy of third party news and we may not share the views of the author or publisher. We provide third party news for your convenience and information only and make no representation or endorsement whatsoever and hereby exclude all liability for any loss or damage that may be incurred by you as a result of your access or use. Please note that third party content may be subject to terms and conditions imposed by the third party owner of that content.

The value of investments can fall and you may get back less than you invested.

 

Important Legal Notice about News Sources

Pilling and Co Stockbrokers Ltd. is not responsible for the content or accuracy of third party news articles and we may not share the views of the author or publisher.

We provide third party news for your convenience and information only and make no representation or endorsement whatsoever and hereby exclude all liability for any loss or damage that may be incurred by you as a result of your access or use. Please note that third party content may be subject to terms and conditions imposed by the third party owner of that content.

The value of investments can fall and you may get back less than you invested.