Latest data published by Sentix - 5 March 2018
- Prior 31.9
A general sentiment indicator of investors' outlook of the Eurozone economy over the next six months.
That's a major fall in investor confidence. Breakdown shows that current situation index holds relatively steady at 45.8 compared with the 49.5 reading last month. But the expectations index fell to 4.3 from 15.5 last month, which was the main reason for the drag.
Expectations in Germany fell to -2.5, which is the worst reading since February 2016. The full report can be found here.
But take it with a pinch of salt I would say, as the poll for this survey ran from 1-3 March, before the German SPD members vote count on the coalition deal.
EUR/USD now at 1.2318, back to square one on the day. EUR/GBP at 0.8927 still, EUR/JPY at 129.96 going nowhere as well.
