Eurozone Sentix Investor Confidence Crumbles to -7 in March

Eurozone’s investor sentiment got crushed in the third month of 2022; the latest data published by the Sentix research group showed on Monday.

The gauge tumbled sharply to -7 in March from 16.6 in February vs. a drop to 5.3 expected. The index hit its lowest level since November 2020.

A current conditions index fell to 7.8 in March from 19.3 in February.

An expectations index crashed to -20.8 in March from 14.0 in February, the lowest reading in nearly a decade and the biggest drop in the Sentix index’s 20-year history.