Eurozone Investor Sentiment Improves For Second Month - Sentix

RTTNews | 248 일 전
Eurozone Investor Sentiment Improves For Second Month - Sentix

(RTTNews) - Investor confidence in the euro area strengthened for a second straight month in November amid a modest improvement in the economic data from Germany and optimism about the outcome of the presidential election in the U.S., while markets continue to look for some solid stimulus news from China, results of the closely watched Sentix survey showed on Monday.

The Sentix investor confidence index for Eurozone rose to -12.8 from -13.8 in October, the behavioral research think tank said. Economists had forecast a score of -12.7.

The current situation index of the survey climbed to -21.5 from -23.3 in the previous month. The expectations index was steady at -3.8 in November.

The survey was conducted from October 31 to November among 1,066 investors.

Elsewhere on Monday, results of the S&P Global purchasing managers' survey showed that the euro area manufacturing downturn continued in October albeit at the slowest pace in five months.

The investor confidence index for Germany gained 1.7 points where recent economic data have shown some improvement.

"Even if the crisis cannot shock investors in Germany because they are already in a minor key, no positive turn around scenario can be derived from this data," Sentix said.

"However, investors' reaction also shows how much a political rethink could contribute to a change in sentiment in the economy."

The Sentix survey also showed that investors remained optimistic regarding the outcome of the U.S. presidential elections with the overall confidence index rising for the third month in a row.

The survey also revealed a significant slump in the 'Inflation' theme barometer from +11 to -12.25 points, which was the weakest reading since July 2023.

"After all, the weak economy actually requires the support of an expansionary monetary policy," Sentix said.

"The coming months could thus reveal a conflict of objectives for the central bank, which could be particularly difficult for the financial markets to digest."

read more
German Exports Decline As Tariff Treats Damp Demand From US

German Exports Decline As Tariff Treats Damp Demand From US

Germany's exports declined for the second straight month in May due to a sharp fall in demand from the US amid tariff threats, data from Destatis revealed on Tuesday. Exports decreased by more-than-expected 1.4 percent month-on-month in May, following April's 1.6 percent fall. Economists had forecast a 0.2 percent drop. Imports slid 3.8 percent from last month.
RTTNews | 2 일 전
Eurozone Retail Sales Drop For First Time In 5 Months; Services Output Fall

Eurozone Retail Sales Drop For First Time In 5 Months; Services Output Fall

Euro area retail sales decreased for the first time in five months and services production declined in May, suggesting a slowdown in the second quarter. Retail sales logged a monthly fall of 0.7 percent in May, reversing April's 0.3 percent increase, Eurostat reported Monday. Sales were expected to drop 0.8 percent. Another data from Eurostat showed that services production decreased 0.3 percen
RTTNews | 3 일 전
Eurozone Investor Confidence Strongest In More Than 3 Years

Eurozone Investor Confidence Strongest In More Than 3 Years

Eurozone investor confidence rose to the highest level in more than three years in July suggesting that fears of recession triggered by the US tariff shocks are completely off the table, survey data from the behavioral research institute Sentix showed on Monday. The investor confidence index advanced to 4.5 in July from 0.2 in June. The reading was the highest since February 2022 and also stayed
RTTNews | 3 일 전
German Industrial Production Rebounds In May

German Industrial Production Rebounds In May

Germany's industrial production rebounded in May driven by robust demand for automobile and pharmaceutical products, official data revealed on Monday. Data released by Destatis showed that industrial production grew 1.2 percent in May from a month ago, confounding expectations for a decline of 0.6 percent. Output in April was revised down to show a 1.6 percent fall compared to the 1.4 percent d
RTTNews | 3 일 전
German Factory Orders Log Bigger-Than-Expected Fall

German Factory Orders Log Bigger-Than-Expected Fall

Germany's factory orders declined more than expected in May on falling demand from both the domestic market and other euro area economies, official data revealed on Friday. Factory orders decreased 1.4 percent from a month ago, Destatis reported. Orders were expected to drop 0.2 percent after an upwardly revised 1.6 percent rise in April. Orders declined for the first time in four months.
RTTNews | 6 일 전
Eurozone Private Sector Expands More Than Estimated

Eurozone Private Sector Expands More Than Estimated

The euro area private sector expanded more than previously estimated in June as both manufacturing and services sectors registered higher output, final survey results from S&P Global showed on Thursday. The HCOB final composite output index advanced to 50.6 in June from 50.2 in May. The reading was well above the flash estimate of 50.2.
RTTNews | 7 일 전
Eurozone Inflation Hits ECB Target

Eurozone Inflation Hits ECB Target

Euro area inflation rose slightly to hit the European Central Bank's 2 percent target in June on slower fall in energy prices and the rise in services inflation, flash estimate from Eurostat showed on Tuesday. Annual inflation climbed to 2.0 percent in June from 1.9 percent in May. The rate reached the inflation target and also matched economists' expectations.
RTTNews | 9 일 전