5/10, 10:30 AM (Source: TeleTrader)
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Sentix: Eurozone investor confidence surges in May

Eurozone investor confidence improved significantly in May as measured by Sentix in its latest monthly survey released on Monday.

The investor confidence index rose to 21 points compared to 13.1 points recorded in April, hugely exceeding expectations and reaching the highest level since March 2018. Meanwhile, the current situation index jumped to 6.3 points as the expectations index climbed to an all-time high of 36.8 points.

"The excellent economic performance is evident in all regions of the world. The global economy is now beginning to show clear signs of overheating. This is likely to prompt central banks to slow down the momentum," Sentix Managing Director Manfred Huebner said.

Breaking the News / JC