- Sentix investor confidence -3.1 vs -10.0 expected
- Prior -13.4
That’s a marked improvement in investor morale heading into July as the broader sentiment picks up significantly. It’s the best reading since March (as recorded when the war just began), so it shows that investors are certainly feeling better about the whole situation in the Middle East.
Economic expectations even recorded a sizable month-on-month increase of 15.8 points, with investor outlook turning positive for the first time since March.
Germany, in particular, is providing a boost as the latest political measures appear to be building confidence and noticeably lifting sentiment in Europe’s largest economy.
The summary details as outlined by Sentix:
This article was written by Justin Low at investinglive.com.