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7/4, 10:37 AM (Source: TeleTrader)
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Eurozone investor mood worsens in July to 2-year low

The investor sentiment extended decline across Eurozone compared to the previous month, with the Sentix index tumbling to -26.4 points past market expectations. According to a report published on Monday, the key index landed at the lowest value since May 2020, with the German figure sinking to a record low of -34.8 points.

Commenting on the situation in the rest of the world, the report noted that the United States economy marked the fifth consecutive decline in the situation index, with the recession becoming "more and more likely." On the other hand, confidence among Chinese investors held up, the release concluded.

Baha Breaking News (BBN) / ND