Eurozone Investor Sentiment Improved For The Fifth Month in September

A survey showed that investor sentiment in the Eurozone rose for the fifth month in a row in September to the highest level since February, giving hope that the recovery from the Coronavirus is still on its way.

Sentix Eurozone index improved to -8 from -13.4 in August, and compared to Reuters’ forecast of a reading of -10.5.

The current conditions index rose to -33 from -41.3 in August, the highest level since March, when isolation measures began in Germany to contain Covid-19.

“The recession is not yet overcome,” said Manfred Huebner, director of Sentix. The expectation index in the bloc rose to 20.8 from 19.3 in the previous month.

Sentiment in Germany rose for the fifth month in a row and investors were most optimistic about the current state of Europe’s largest economy since March.

The Sentix survey covered 1071 investors between the third and the fifth of September.