Urgent.News

What's breaking now, across thousands of outlets.

Finance & Markets

Sentix: Börsenexperten blicken zuversichtlich auf Konjunktur im Euro-Raum

Robuste Wirtschaftsdaten in der Euro-Zone sorgen für Optimismus unter Anlegern, zeigt der neue Sentix-Index. Auch in Deutschland wächst die Zuversicht, wenn auch auf einem niedrigen Niveau.

Sentix: Börsenexperten blicken zuversichtlich auf Konjunktur im Euro-Raum

Euro-bourse experts are increasingly optimistic about the economic recovery in the Eurozone, as reported by the Sentix consultancy in its monthly survey of 1,097 investors. The sentiment index has risen by 4.0 points to a positive reading of +0.9, marking the fourth consecutive increase since February. This surge in confidence surpassed the forecast of a 0.5-point increase from Reuters economists.

The improved sentiment is attributed to recent strong economic data in the Eurozone, along with rising investments, government spending, and increased economic stimulus measures. Furthermore, the robust confidence boost following the Iran war seems to have been partially absorbed. High energy costs and an unfavorable order backlog remain significant challenges.

The Sentix index for the currency area had declined two months in a row after the onset of the Iran war but has since climbed in August, both in its assessment of the current situation and in expectations.

Written by urgent.news from Handelsblatt's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

Read the original at handelsblatt.com →

More in Finance & Markets

Markets Await Key Economic Data This Week

Markets are poised for a slight uptick in US inflation this week, along with cooling economic expansion in the UK. Bloomberg's Morwenna Coniam speaks to Tom Mackenzie and Guy Johnson on 'Bloomberg…

More from Monday 10 August →