Eurozone Sentix Investor Confidence deteriorates to -31.8 in Sept vs. -27.5 expected

The Eurozone Sentix Investor Confidence index came in at -31.8 in September from -25.2 in August vs. -27.5 expected. The index snapped its recovery amid mounting recession fears.

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Key takeaways

“Never before in more than 20 years of history, with the exception of the financial crisis in 2008, have investors' assessments of the euro zone economy been so weak - and at the same time expectations have been so low.”

"At the moment, there are no signs of monetary aid similar to the central bank response after the economic collapse caused by the coronavirus pandemic in 2020.”