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Eurozone Sentix Investor Confidence Improves In November

By Renju Jaya   ✉  | Published:  | Google News Follow Us  | Join Us
rttnewslogo20mar2024

Corrects first para

Eurozone investor confidence rose more-than-expected in November reflecting the easing situation on the European gas and electricity markets, survey results from the behavioral research institute Sentix showed Monday.

The Sentix investor sentiment index rose to a three-month high of -30.9 in November from -38.3 in October. The score was forecast to rise moderately to -35.0.

This improvement is still not a trend reversal signal, the institute noted. "But the rise in situation and expectation values shows how sensitively investors react in their economic expectations to signals from the energy market," Sentix said.

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