Sentix survey results published on August 10 show the confidence of investors in the Eurozone (Eurozone) increased for the fourth consecutive month in August 2020, but the region is still in recession in the third quarter as a result of the COVID-19 pandemic.
The investor confidence index in Eurozone has improved from negative 18.2 points in July 2020 to negative 13.4 points.
This is the highest level since the time before the pressure blockade order in February and compared with a negative forecast of 15.1 points released by Reuters news agency.
The confidence index in the current situation increased from minus 49.5 points in July 2020 to minus 41.3 points, the highest level since March 2020.
Sentix CEO Patrick Hussy said the recovery is still slow in the Eurozone. It is worth noting in this context that the second episode of COVID-19 infection leaves no new “sequelae” in economic indicators, after Germany has seen an increase in the number of COVId-19 cases in recent weeks. .
Investor confidence in Germany has increased for the fourth consecutive month, with investors feeling more optimistic about both the present and the future situation.
Sentix suggested that this may be related to the increase in industrial orders in June 2020.
Sentix conducted a 1,078 survey Investors from August 6-8 /.