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7/5, 10:30 AM (Source: TeleTrader)
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Sentix: Eurozone investor confidence up in July

Eurozone investor confidence jumped in July, Sentix revealed in its latest monthly survey released on Monday.

The investor confidence index climbed 11.7 points compared to the previous month, landing at 29.8, but also came in just under the analysts' expectations. Meanwhile, the current situation index jumped 8.5 points to 29.8, and the expectations index declined by 5.5 points to 29.8, as well.

"The massive investments by member states, supported by a continuously expansive monetary policy by the European Central Bank, stabilized the eurozone economy during lockdowns," Sentix Managing Director Manfred Huebner commented.

Breaking the News / BU