🐂 Not all bull runs are created equal. November’s AI picks include 5 stocks up +20% eachUnlock Stocks

Euro zone sentiment index dips in August - Sentix

Published 10/08/2015, 09:36
Updated 10/08/2015, 09:46
© Reuters.  Euro zone sentiment index dips in August - Sentix

BERLIN (Reuters) - Sentiment in the euro zone weakened in August but only slightly, suggesting that the region is managing to withstand a cooling global economy and uncertainty about the fate of Greece, a survey showed on Monday.

Sentix research group's index tracking morale among investors and analysts in the euro zone dipped to 18.4 in August from 18.5 in July. That was below the Reuters consensus forecast for a reading of 20.2.

"Despite the global headwinds, the euro zone's economy appears to be in relatively good form," said Manfred Huebner from Sentix.

"The euro zone has swallowed the turmoil surrounding Greece and a further collapse in economic momentum there relatively well," he added.

Sub-indices showed that investors' assessment of current conditions improved slightly to 15.3, the highest level since July 2011, while the index measuring expectations slipped to 21.5 from 22.3 in the previous month, hurt by sagging global economic momentum.

An index tracking Germany showed sentiment in Europe's largest economy fell slightly, with the current situation component rising while expectations declined.

The survey of 1,002 investors was conducted between Aug. 6 and Aug. 8.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.