Latest news with #Sentix
Business Standard
3 days ago
- Business
- Business Standard
EUR/USD supported above 1.1400, Euro area investor sentiment hits highest in a year
Euro stayed supported against the US dollar as markets eyed steady economic cues. Euro area investor morale rose to the highest level in a year in June, driven by the economic recovery in Germany, survey data from the behavioral research institute Sentix showed Tuesday. The investor sentiment index rose to +0.2 in June from -8.1 in May. EUR/USD pair is quoting at 1.1435, up marginally on the day following this. Despite steady risk appetite in world markets, caution ahead of the US inflation reading is keeping overall movement tight for the currency. On NSE, EUR/INR futures are currently quoting at 97.95, up marginally on the day. The pair saw a good recovery after falling near 97.60 mark in midmorning trades.
Reuters
4 days ago
- Business
- Reuters
Sentix poll shows sharp uptick in German, euro zone investor sentiment for June
BERLIN, June 10 (Reuters) - The Sentix survey of investor sentiment found evidence of an upturn in Germany and in the euro zone in June, with the overall index for Germany hitting its highest level since March 2022 and the euro area index at its highest level in a year. The Sentix index for the euro zone rose to 0.2 in June from -8.1 in May, beating the forecast for a reading of -6.0. While the sentiment index for Germany was still clearly in negative territory at -5.9, optimism at a new conservative-led government taking office, a belief in the possibility of a ceasefire in Ukraine and the fading of the initial shock at U.S. tariffs policy were all helping drive an improvement. The current assessment of the German economy among the 1,055 investors participating in the survey improved for the fourth consecutive month, even if it too remained in negative territory at -26.8. "In recent years, the stagnation of the German economy has repeatedly acted as a brake on the European economy," the survey company wrote. "Now the Sentix economic indices in the eurozone are benefiting from the catch-up movement that Germany is sending out." Expectations for the eurozone climbed 10.5 points, to 14.3, making for a cumulative improvement over the past two months of 30.1 points. "The June data ... indicates an upturn in the European economic region," Sentix wrote. Sentix's poll was conducted from June 5-7.
Yahoo
4 days ago
- Business
- Yahoo
Sentix poll shows sharp uptick in German, euro zone investor sentiment for June
BERLIN (Reuters) -The Sentix survey of investor sentiment found evidence of an upturn in Germany and in the euro zone in June, with the overall index for Germany hitting its highest level since March 2022 and the euro area index at its highest level in a year. The Sentix index for the euro zone rose to 0.2 in June from -8.1 in May, beating the forecast for a reading of -6.0. While the sentiment index for Germany was still clearly in negative territory at -5.9, optimism at a new conservative-led government taking office, a belief in the possibility of a ceasefire in Ukraine and the fading of the initial shock at U.S. tariffs policy were all helping drive an improvement. The current assessment of the German economy among the 1,055 investors participating in the survey improved for the fourth consecutive month, even if it too remained in negative territory at -26.8. "In recent years, the stagnation of the German economy has repeatedly acted as a brake on the European economy," the survey company wrote. "Now the Sentix economic indices in the eurozone are benefiting from the catch-up movement that Germany is sending out." Expectations for the eurozone climbed 10.5 points, to 14.3, making for a cumulative improvement over the past two months of 30.1 points. "The June data ... indicates an upturn in the European economic region," Sentix wrote. Sentix's poll was conducted from June 5-7. Error while retrieving data Sign in to access your portfolio Error while retrieving data Error while retrieving data Error while retrieving data Error while retrieving data
Reuters
05-05-2025
- Business
- Reuters
Euro zone investor index recovers in May after Trump tariffs hit
BERLIN, May 5 (Reuters) - Investor morale in the euro zone recovered more strongly than expected in May after U.S. President Donald Trump's tariffs caused sentiment in the bloc to nose-dive last month, though it still remains at a low level, a survey showed on Monday. The Sentix index for the euro zone rose to -8.1 in May from -19.5 in April, beating the forecast for a reading of -12.5. The current situation index surprisingly improved to -19.3, its highest level since August 2024, though still in negative territory. Expectations, meanwhile, leaped by 19.6 points to 3.8. "This is remarkable, as it shows that investors have largely abandoned the recession fears they expressed last month," said Sentix in a statement. The 1,068 investors surveyed from May 1-3 seem to appreciate the EU Commission's level-headed response to U.S. tariffs so far, added Sentix. In Germany, Europe's largest economy, the calm reaction also helped expectations rise by more than 20 points, to hit 5.5. "The main victims of Trump's tariff policy are the U.S. economy and, to some extent, the economies of China and Switzerland," said Sentix. "However, the period of uncertainty is probably not over yet."
Wall Street Journal
07-04-2025
- Business
- Wall Street Journal
Eurozone Investor Sentiment Nosedives as Market Rout Intensifies
Investor sentiment for the eurozone has plummeted after U.S. President Trump's tariff announcement and ensuing market turmoil, according to a monthly sentiment survey published Monday. The Sentix economic index, which surveyed 1,127 investors between Thursday and Saturday, hit its lowest value since October 2023, falling to minus 19.5 this month from minus 2.9 in March. Trump revealed the latest tariffs on Wednesday, with markets globally experiencing severe declines in each following session.
