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Home / Market Update / Eurozone Sentix Investor Confidence Drops to 22.2 in August

Eurozone Sentix Investor Confidence Drops to 22.2 in August

Adel 9 August, 2021 2:31 pm Market Update

Eurozone’s investor sentiment snapped its uptrend and dropped more than expected in August, the latest data published by the Sentix research group showed on Monday.

The gauge dropped to 22.2 in August from 29.8 in July vs. a reading of 29.0 expected. The index ended its fifth straight month of upbeat momentum.

The Sentix current conditions index rose to its highest level since October 2018.

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