Investor morale in the eurozone increased in January as economic performance is not likely to slow down despite new Covid-19 variants and rising Covid-19 infections.
- Sentix’s index for the euro area rose to 14.9 from 13.5 in the prior month. Analysts had on average expected the January figure to come in at 12.0.
- A current conditions index increased to 16.3 in January from 13.3, the first expansion since September.
- An expectations index dropped slightly to 13.5 from 13.8.
- Patrick Hussy, Sentix Managing Director, stated that expectations were moderating around the prior month’s level due to the continued impacts of supply constraints and high inflation levels.
Sentix’s survey obtained responses from 1,163 investors from January 6 to January 8.
Euro Stoxx 50 down -0.16%, EUR USD down -0.28%Source: Sentix
