- Prior -16.8
- Expectations -8.8
- Prior -9.8
Euro area investor sentiment improves for a third straight month to its highest level since last May. The expectations reading has also improved to its highest since February last year. However, any signs of a strong recovery remains wanting as the outlook – especially for Germany – remains uncertain. Sentix notes that:
“This is unlikely to be a turnaround. This is partly due to Germany ,whose economy is still in recession and therefore in crisis.”