Eurozone January Sentix investor confidence -15.8 vs -15.5 expected

  • Latest data released by Sentix - 8 January 2024
  • Prior -16.8
  • Expectations -8.8
  • Prior -9.8

Euro area investor sentiment improves for a third straight month to its highest level since last May. The expectations reading has also improved to its highest since February last year. However, any signs of a strong recovery remains wanting as the outlook - especially for Germany - remains uncertain. Sentix notes that:

"This is unlikely to be a turnaround. This is partly due to Germany ,whose economy is still in recession and therefore in crisis."

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