EU investor confidence improves in January - Sentix - Breaking The News
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EU investor confidence improves in January - Sentix

EPA-EFE/RONALD WITTEK

The Eurozone investor confidence index expanded by 1.4 points in January compared to the previous month to better-than-expected 14.9 points, according to Sentix's report published on Monday.

The current situation index for the euro area rose to 16.3 points, with the expectations index slipping to 13.5 points. Germany's, Austrian and Swiss economies also saw an expansion of investor confidence, while on the other hand, eastern European states suffered stagnation.

"Investors do not expect economic momentum to stall in the new year either - despite new virus variants and rising infection figures. On the contrary, expectations are stabilizing, and the assessment of the current situation is even improving worldwide," the report concluded.

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