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Eurozone investor confidence weakens

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Christian Fernsby ▼ | February 10, 2020
Eurozone investor sentiment eroded in February, after rising in the previous three months, as investor grew concerned about the economic outlook amid the uncertainty created by Wuhan coronavirus outbreak in China, results of a closely watched survey showed today.
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Business in Europe   The investor confidence index dropped to 5.2
The investor confidence index dropped to 5.2 from 7.6 in December, the behavioral research institute Sentix said.

Topics: Eurozone confidence

The current situation index of the survey fell to 4.0 from 5.5 and the expectations measure eased to 6.5 from 9.8.

The latest Sentix survey was conducted between February 6 and 8 among 1086 investors.

The investor sentiment index for Germany, an economy that is heavily dependent on trade, fell only 2.1 points.

However, the index for Asia ex Japan dropped significantly by 11.3 points. Meanwhile, the strength of the US economy continues to underpin global sentiment, the think tank said.