Eurozone Investor Sentiment on the Rise, Third Month in a Row

According to Sentix, Eurozone's investor sentiment is on the rise for a third straight month.

Arslan Butt•Monday, May 6, 2019•1 min read

According to Sentix, Eurozone’s investor sentiment is on the rise for a third straight month. The investor sentiment index touched 5.3 in May, up from -0.3 in April, and higher than the expected 1.4.

The global economic sentiment improved in the past few weeks, and the effect of this was felt on the Eurozone economy as well. This improvement in sentiment has most likely contributed to the rise in investor sentiment.

May’s readings are the highest since November 2018 and allay concerns of a possible recession. Germany, one of the leading countries in the Eurozone, also correspondingly saw an improvement in investor morale. The Sentix investor index rose to 7.9, up from 2.1 in April.

Ever since the Chinese economy posted better than expected data a few days ago, the global market sentiment has been picking up. EUR/USD has been showing a slight rise, trading at 1.119 at the time of writing.

However, it remains to be seen whether the latest threats from Trump will impact the markets and turn things around.

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ABOUT THE AUTHOR See More

Arslan Butt

Index & Commodity Analyst

Arslan Butt serves as the Lead Commodities and Indices Analyst, bringing a wealth of expertise to the field. With an MBA in Behavioral Finance and active progress towards a Ph.D., Arslan possesses a deep understanding of market dynamics. His professional journey includes a significant role as a senior analyst at a leading brokerage firm, complementing his extensive experience as a market analyst and day trader. Adept in educating others, Arslan has a commendable track record as an instructor and public speaker. His incisive analyses, particularly within the realms of cryptocurrency and forex markets, are showcased across esteemed financial publications such as ForexCrunch, InsideBitcoins, and EconomyWatch, solidifying his reputation in the financial community.