Eurozone Sentix Investor Confidence
Event Date: Monday, January 8, 2024
Event Time: 09:30 CET
Investor Confidence Expected to Continue Improving Trend
Updated Sunday, January 7, 2024
EVENT ENDED
In March last year, the Sentix indicator turned negative again, falling to -17.1 points. April was worse and it declined to -42.9 points, which is a record low. It improved slightly in May to 41.8 points, to -24.8 points in June, and to -18.2 points in July. In August, we saw another improvement to -13.4 points and further to -8 in September, but declined again to -8.3 points in October, and in November it deteriorated to -10.0 points. Although, in March we saw a decline to -11.1 points, while April improved to -8.7 points. May was expected at -7.9 points, but it fell lower and so did October which declined to -18.6 points. But it has been improving since then and this month we're expecting to see another improvement to -15.5 points Please follow us for live coverage of this event by experienced market analysts.
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About Eurozone Sentix Investor Confidence
This indicator measures the level of a diffusion index based on surveyed investors and analysts. It is released monthly, on the first or second Monday of the current month. The survey is of about 2,800 investors and analysts which asks respondents to rate the relative 6-month economic outlook for the Eurozone. It's a leading indicator of economic health - investors and analysts are highly informed by virtue of their job, and changes in their sentiment can be an early signal of future economic activity.
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