EZ investor sentiment rises again in Feb, but Germany still weighs - Sentix
By Frank Prenesti
Date: Monday 05 Feb 2024
(Sharecast News) - Investor sentiment in the eurozone rose in February for the fourth month in a row, according to a survey published on Monday.
The sentix economic index for the eurozone climbed 2.9 points to -12.9 points in February, better than expectations of -15.
However, recovery in the single-currency bloc remains sluggish, Sentix said, "mainly due to Germany" where the current assessment there fell to -39.3 points, while expectations recovered only by 2.3 points.
"With the expectations component still at -14.0 points, the recession theme therefore remains. Internationally, there are increasing signs of recovery," it added.
Reporting by Frank Prenesti for Sharecast.com
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