Connect with us

Hi, what are you looking for?

Daily Market SolutionDaily Market Solution

Investing

Euro zone investor morale slightly up, but ‘turnaround looks different’

BERLIN (Reuters) – Investor morale in the euro zone rose for a second consecutive month in November, though by slightly less than expected, as somewhat greater satisfaction with the current situation boosted the overall mood, a survey showed on Monday.

The Sentix index for the euro zone rose to -12.8 in November from -13.8 in October, falling slightly short of the forecast from analysts polled by Reuters of a rise to -12.5 this month.

The survey of 1,066 investors from Oct. 31 to Nov. 2 showed expectations stagnating at -3.8 points this month.

“A turnaround looks different,” the Sentix report said.

The current situation score for the currency union improved slightly to -21.5 in November from -23.3 last month.

Investor morale in Germany, Europe’s largest economy, also rose slightly this month for the second consecutive month, increasing to -29.8 from -31.5 in October, showed the survey.

“Even if the crisis cannot shock investors in Germany because they are already in a minor key, no positive turnaround scenario can be derived from this data,” the report said.

This post appeared first on investing.com







    You May Also Like

    Editor's Pick

    Extremist supporters of former president Donald Trump are lashing out online against Usha Vance, the wife of Trump’s running mate, Sen. J.D. Vance (R-Ohio),...

    Investing

    By Anushree Mukherjee and Brijesh Patel (Reuters) -Oil prices are likely to be constrained near $70 a barrel in 2025 as weak demand from...

    Investing

    Australia is home to a thriving tech sector with investment opportunities across a variety of subsectors. The tech sector contributed about AU$167 billion to...

    Editor's Pick

    Sister Stephanie Schmidt had a hunch about what her fellow nuns would discuss over dinner at their Erie, Pennsylvania, monastery on Wednesday night. The...

    Disclaimer: Dailymarketsolution.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.


    Copyright © 2024 dailymarketsolution.com