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

Eurozone Sentix Investor Confidence Drops to 22.2 in August

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.

Check Also

European Stocks Trade Flat as Markets Eye U.S. CPI, U.K. Spending Review, and China Trade Talks

European stock markets opened Wednesday in narrow ranges as investors absorbed the implications of the …