Eurozone Investor Confidence Weakens In October: Sentix

RTTNews | Před 702 dny

(RTTNews) - Eurozone investor sentiment deteriorated in October reflecting the recessionary trends in the currency bloc, especially in Germany, while expectations among investors improved but it would be premature to declare a turnaround, survey data from the behavioral research institute Sentix showed Monday.

The investor confidence index dropped to -21.9 in October from -21.5 in September, the think tank said.

The survey was conducted among 1,222 investors between October 5 and 7.

At -27.0, the current situation index hit the lowest since November 2022. The indicator suggested that the recessionary tendencies in the economy continue to persist, Sentix said.

However, providing a mild ray of hope, the expectations index improved to -16.8 from -21.0 a month ago. This was the highest reading since April.

Nonetheless, this improvement does not yet indicate a turnaround, Sentix said. A negative value means that investors' assessment of the economy in six months is weaker than their assessment of the current situation.

Meanwhile, investor confidence in Germany improved in October, but Sentix said the two-point increase in the index should not be overestimated. The situation remains tense and the German economy is in a recessionary phase, the institute added.

The German investor sentiment index rose to -31.1 in October from -33.1 in September.

The situation index weakened for the sixth straight month, to hit -39.5 in October compared to -38.3 a month ago. The score was the lowest since July 2020. By contrast, the expectations index climbed to -22.3 from -27.8 in the previous month.

Značky : EUR

French Industrial Output Falls Most In 3 Months

France's industrial production declined at the fastest pace in three months in July on sharp contractions in production of transport equipment and machinery, signaling a weak start to the third quarter after Prime Minister François Bayrou lost a confidence vote in the Parliament this week. Industrial production logged a monthly fall of 1.1 percent in July.

RTTNews | Před 1 dnem

German Industrial Output Rebounds; Exports Fall

Germany's industrial output expanded for the first time in four months in July, while exports declined on weaker demand from the United States and China. Industrial production rose 1.3 percent month-on-month in July, data from Destatis showed Monday. The expansion reversed June's decrease of 0.1 percent, which was revised sharply from a 1.9 percent drop estimated initially.

RTTNews | Před 2 dny

Eurozone GDP Growth Confirmed At 0.1%

The eurozone economy registered a marginal growth in the second quarter, as initially estimated, as growth in consumption was partially offset the decline in investment, official data showed Friday. In the revised report, Eurostat confirmed that gross domestic product grew 0.1 percent sequentially, after rising 0.6 percent in the first quarter.

RTTNews | Před 5 dny

Eurozone Retail Sales Fall More Than Forecast

Eurozone retail sales declined more than expected in July largely reflecting a notable fall in food and auto fuel sales, official data showed Thursday. Retail sales posted a monthly fall of 0.5 percent, in contrast to the 0.6 percent increase in June, Eurostat reported. Sales were expected to fall 0.3 percent.

RTTNews | Před 6 dny

German Construction Sector Downturn Deepens

Germany's construction sector shrank further in August largely due to the steep fall in new orders, survey results from S&P Global showed on Thursday. The HCOB construction Purchasing Managers' Index fell to 46.0 in August from July's 29-month high of 46.3.

RTTNews | Před 6 dny

Eurozone Private Sector Growth At 1-Year High

The euro area private sector expanded at the fastest pace in a year in August but the overall pace was sluggish as the service sector held back growth, final survey data from S&P Global showed on Wednesday. The HCOB composite output index rose to 51.0 in August from 50.9 in July. The score was slightly below the initial estimate of 51.1.

RTTNews | Před 7 dny

Eurozone Inflation Path Suggests ECB Unlikely To Cut Rates Further

Euro area inflation modestly accelerated to a four-month high, and the core figure was steady around the 2 percent target in August as a slight slowing in both food price growth and services inflation was offset by a smaller decline in energy prices, which suggests that the European Central Bank is set to hold interest rates steady in future policy sessions.

RTTNews | Před 8 dny

Eurozone Inflation Rises Slightly To 2.1%

Eurozone inflation rose marginally in August but the rate remained near to the European Central Bank's 2 percent target, official data revealed on Tuesday. The harmonized index of consumer prices rose 2.1 percent year-on-year in August, slightly faster than the 2.0 percent increase in July, flash data from Eurostat showed.

RTTNews | Před 8 dny

EURUSD	1.17004	GBPUSD	1.35334	AUDUSD	0.66145
USDJPY	147.419	USDCAD	1.38614	USDCHF	0.79899