Investor Confidence Improves in Europe, But Still Remains Negative
Eurozone investor confidence improved in August once again
Skerdian Meta•Monday, August 10, 2020•1 min read
The consumer confidence, as well as the investor confidence have taken a big hit during the lock-down months, as life froze for three months or so. But, the confidence has started to come back as the Eurozone has reopened, although it still remains negative. The unemployment report form Switzerland was also released earlier this morning, showing a slight cool-off, which is impressive, since it was already quite low at 3.3%.
Eurozone Sentix Investor Confidence Report for August
- August Sentix investor confidence -13.4 points against -15.1 expected
- July Sentix investor confidence -18.2 points
Swiss Unemployment Rate Report for July
- July unemployment rate 3.2% points against 3.2% expected
- June unemployment rate 3.3%
- Seasonally adjusted unemployment rate 3.3% vs 3.3% expected
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Skerdian Meta
Lead Analyst
Skerdian Meta Lead Analyst.
Skerdian is a professional Forex trader and a market analyst. He has been actively engaged in market analysis for the past 11 years. Before becoming our head analyst, Skerdian served as a trader and market analyst in Saxo Bank's local branch, Aksioner. Skerdian specialized in experimenting with developing models and hands-on trading. Skerdian has a masters degree in finance and investment.
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