Eurozone April Sentix investor confidence -18.0 vs -9.2 expected

• Prior -7.0

Euro area investor morale fell to the lowest since July 2020 with the current conditions index falling from 7.8 in March to -5.5 in April, the lowest level in a year. Meanwhile, the expectations reading also fell from -20.8 in March to -29.8 in April, the lowest since December 2011.

Recession fears are the main cause as the Russia-Ukraine conflict and the sanctions related are exacerbating underlying weakness in the euro area economy. Sentix notes that:

"Investors do not expect that the central bank can rush to the rescue with a more relaxed, more expansive monetary policy because of the still considerable pace of inflation Inflation Inflation is defined as a quantitative measure of the rate in which the average price level of goods and services in an economy or country increases over a period of time. It is the rise in the general level of prices where a given currency effectively buys less than it did in prior periods.In terms of assessing the strength or currencies, and by extension foreign exchange, inflation or measures of it are extremely influential. Inflation stems from the overall creation of money. This money is m Inflation is defined as a quantitative measure of the rate in which the average price level of goods and services in an economy or country increases over a period of time. It is the rise in the general level of prices where a given currency effectively buys less than it did in prior periods.In terms of assessing the strength or currencies, and by extension foreign exchange, inflation or measures of it are extremely influential. Inflation stems from the overall creation of money. This money is m Read this Term growth. No region is able to resist the negative momentum, even the important Asian region is already fighting stagflation."