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5/9, 10:31 AM (Source: TeleTrader)
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Sentix: Eurozone investor confidence down in May

Euro area investor confidence declined in May, coming in below the analysts' expectations, Sentix revealed in its latest monthly survey released on Monday.

The investor confidence index reached its lowest since June 2020 and landed at negative 22.6 points compared to negative 18 points recorded in April. Meanwhile, the current situation index lost 5 points to reach negative 10.5, while the expectations index marked its third monthly decline in a row, plunging to negative 34.

"The recession is becoming visible," the report asserted.

Baha Breaking News (BBN) / BU