Investor confidence was already weak in Europe before the coronavirus, and the economy was not in the best place. Then the economy dived down during spring last year, pulling investor confidence with it. The confidence indicator turned negative in March and remained there throughout 2020.

But it turned positive again in January, jumping to 1.3 points. That seemed a bit strange, since the restrictions had been increased again, but the situation seems to have reversed, as expected, falling into negative territory again.

Eurozone February Sentix Investor Confidence

Euro area investor morale slipped surprisingly in the latest Sentix survey, as lockdown measures and woes surrounding the vaccine rollout weighed on the sentiment.

“The lockdowns in many European countries are leaving their mark. As a result, the EU economy is losing touch with the other regions of the world, which are continuing their recovery course in the month of February.”