empty
 
 

2020.11.0910:05:00UTC+00Eurozone Sentix Investor Confidence Weakens In November

Eurozone investor confidence weakened for the second straight month in November, reflecting the negative impact of the coronavirus on the economic recovery process, survey data from Sentix showed on Monday.

The investor confidence index fell to -10.0 in November from -8.3 in October. The score was expected to drop to -15.0.

The so-called "lockdown light" has so far had little effect on investors' assessment of the situation, Sentix said.

The current situation index came in at -32.3, slightly down from -32.0 in the previous month. Nevertheless, this negative value still means an economy in contraction mode, the think tank added.

The expectations indicator dropped to 15.3, the lowest since May 2020, from 18.8 a month ago.

The survey showed that German investor confidence dropped only slightly in November with the corresponding index easing to 1.3 from 1.4 in October.

German expectations continued to flatten out, marking the third consecutive decline, while current assessment continued to improve in November.

  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    JOIN CONTEST
  • Chancy Deposit
    Deposit your account with $3,000 and get $8000 more!
    In March we raffle $8000 within the Chancy Deposit campaign!
    Get a chance to win by depositing $3,000 to a trading account. Having fulfilled this condition, you become a campaign participant.
    JOIN CONTEST
  • Trade Wise, Win Device
    Top up your account with at least $500, sign up for the contest, and get a chance to win mobile devices.
    JOIN CONTEST
  • 100% Bonus
    Your unique opportunity to get a 100% bonus on your deposit
    GET BONUS
  • 55% Bonus
    Apply for a 55% bonus on your every deposit
    GET BONUS
  • 30% Bonus
    Receive a 30% bonus every time you top up your account
    GET BONUS


Can't speak right now?
Ask your question in the chat.
Widget callback