Confidence rises again
04 November 2012
Posted in
sentix Economic News
The composite index for the euro zone rises in November for the third time in a row. This time, both the economic situation and the expectations index contribute to this development. The indices for the US and Asia ex Japan are able to gain even more than the one for the euro area. Once more, the view of the institutionals brightens more than that of private investors.
Headlines of the month
- The composite index for Euroland rises from -22.2 to -18.8 points in November. This is the third rise in a row. Both the economic situation and the expectations for the next six months are assessed more positively by the 887 surveyed investors.
- Economic expectations see an especially strong increase with institutional investors. This can be seen in Euroland, for instance, where this sub-index has managed to slip into the positive zone and has reached a level last seen in April 2011.
- However, the institutionals' view has brightened even more in the US and in Asia ex Japan: here, expectations climb to the highest values since March 2011 and April 2010 (!) respectively.
- For Germany, too, the composite index and the sub-indices rise. With this, also the indicators for the global aggregate improve. They are now clearly in the positive.
