Investing.com - Investor confidence in the euro zone for July unexpectedly deteriorated, as concerns over the outlook for the region’s economy continued to weigh, data showed on Monday.
In a report, market research group, Sentix said its index of investor confidence fell to minus 12.6 in July from a reading of minus 11.6 in June.
Analysts had expected the index to improve to minus 10.0 this month.
On the index, a level above 0.0 indicates optimism, below indicates pessimism.
Following the release of the data, the euro was little changed against the U.S. dollar, with EUR/USD easing down 0.02% to trade at 1.2831.
Meanwhile, European stock markets remained higher. The EURO STOXX 50 rose 1.3%, France's CAC 40 added 1.2%, Germany's DAX jumped 1.3%, while London’s FTSE 100 tacked on 1%.
In a report, market research group, Sentix said its index of investor confidence fell to minus 12.6 in July from a reading of minus 11.6 in June.
Analysts had expected the index to improve to minus 10.0 this month.
On the index, a level above 0.0 indicates optimism, below indicates pessimism.
Following the release of the data, the euro was little changed against the U.S. dollar, with EUR/USD easing down 0.02% to trade at 1.2831.
Meanwhile, European stock markets remained higher. The EURO STOXX 50 rose 1.3%, France's CAC 40 added 1.2%, Germany's DAX jumped 1.3%, while London’s FTSE 100 tacked on 1%.