Euro zone counters global drop in sentiment
10 February 2014
Posted in
sentix Economic News
A little surprisingly, the sentix economic index (composite index) for the euro area continues its upward trend in February, rising by 1.4 to 13.3 points. It is mainly the current situation which is assessed in a better way than in the previous month by the almost 1,000 individual and institutional investors in the sentix survey. The correspondent index now reaches positive territory for the first time since August 2011. The increase of the composite index for the euro zone is all the more remarkable as investors perceive a clear drop in economic activity on a global level. Especially for the emerging markets they become more skeptical. But also for Japan sentiment is muted.
Headlines of the month
- In February, the composite index for the euro area rises by 1.4 to 13.3 points. It is, once more, mainly the assessment of the current situation which drives the index. It enters positive territory for the first time since August 2011.
- For the other countries and regions covered by the sentix survey the composite indices fall. Consequently and ironically, it is the crisis-ridden euro zone that this month counters the general drop in sentiment.
- Investors' perceptions worsen especially for the emergingmarkets regions. As a result, the composite index for the global aggregate decreases for the first time since last July.
