Third consecutive increase
06 July 2020
Posted in
sentix Economic News
The sentix economic indices for the euro zone and many other regions improved in July for the third time in a row. The Euroland overall index rose by 6.6 points to -18.2 points. The biggest leap forward was made by the values for Switzerland. Here the overall index rises from -14.4 points to -1.6 points! Nevertheless, too much optimism seems out of place. On the one hand, expectations are falling slightly in almost all regions. On the other hand, investors continue to assume that the economic slump caused by the Corona crisis will not be offset within a year!
Headlines of the month
- The sentix economic index for the euro zone improved in July for the third time in a row to -18.2 points. The situation values rise by 12 points, while expectations fall slightly.
- We also note the third improvement in a row for Germany. However, investors still expect that the corona loss-es will not be fully offset within a year.
- Internationally, the Asian region ex Japan and in Europe Austria and Switzerland are the best performers. In all three cases the overall indices are only slightly in the red. At the other end of the spectrum, the Latin America region is disappointing, as it can hardly improve. The USA is also improving only slightly.
sentix Eco Report Euro area
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