EU SENTIX Investor Confidence Index: This year's recovery trend has clearly stalled.
The monthly Eurozone Sentix investor confidence index is calculated from a survey of approximately 2,800 investors and analysts on their expectations for stock indices, bond markets, foreign exchange and commodities, and other questions during the next 6 months.
Investor sentiment in the eurozone weakened slightly in November, indicating expectations of economic stagnation, according to survey results released on Monday.
The Sentix index for the Eurozone fell to 2.4 points in November from 2.7 in October, forecast: 2.1.
The sub-index of the current situation in November remained at the level: -3.3 points, while the sub-index of economic expectations decreased by 0.5 points during the month to 8.3 points.
"Hopes for a sustainable recovery have taken another blow," Sentix said, pointing to economic headwinds such as rising interest rates, high fuel prices and political uncertainty.
The German economy showed slight signs of stabilization: the corresponding index rose by 0.3 points and reached 3.3 points, but in any case it is still in the red.
MMI.