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09.03.2015 17:20

Eurozone: Sentix Investor Confidence at 7-year high

Market research group Sentix reported data on Investor Confidence today. The survey was conducted among 1000 private and institutional investors. Investor Confidence for March came in at 18.6, climbing 6.2 points, compared to forecasts of 15 points and a previous reading of 12.4, reaching the highest reading since August 2007.

The stronger-than-expected data eases concerns over the economic outlook of the Eurozone. A weaker Euro, Quantitative Easing and lower oil prices boost the European economy. A level above zero shows that optimism prevails, below zero indicates pessimism.

Market focus

  • Irish PM Varadkar: Ideally Would Get Brexit Deal By Year End
  • The sentix overall index for Euro Area fell again in November from 11.4 to 8.8 points
  • UK consumer credit increased by £0.8bn in September
  • Spanish unemployment continues at its lowest levels in the last 9 years
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