Eurozone Sentix Investor Confidence Index improves to -18.9 in August

Investor Confidence in the Eurozone rose to -18.9 in August from -22.5 in July, according to Eurozone Sentix. The market expected a result of -23.4.

“Germany, in particular, has become the sick man of the Eurozone and is weighing heavily on the region,” Sentix Managing Director Patrick Hussy said in response to the survey’s findings.

Hussy went on to say that “the Eurozone economy remains in recession mode.” As a result, there can be no delight in this growth.”