Investing.com - Investor confidence in the euro zone for December unexpectedly declined, fuelling concerns over the outlook for the region’s economy, data showed on Monday.
In a report, market research group, Sentix said its index of investor confidence deteriorated to 8.0 this month from a reading of 9.3 in November. Analysts had expected the index to inch up to 10.4 this month.
On the index, a level above 0.0 indicates optimism, below indicates pessimism.
Following the release of the data, the euro was higher against the U.S. dollar, with EUR/USD easing up 0.15% to trade at 1.3726.
Meanwhile, European stock markets remained mixed in rangebound trade. The EURO STOXX 50 was flat, France’s CAC 40 dipped 0.2%, Germany's DAX inched up 0.3%, while London’s FTSE 100 declined 0.05%.
In a report, market research group, Sentix said its index of investor confidence deteriorated to 8.0 this month from a reading of 9.3 in November. Analysts had expected the index to inch up to 10.4 this month.
On the index, a level above 0.0 indicates optimism, below indicates pessimism.
Following the release of the data, the euro was higher against the U.S. dollar, with EUR/USD easing up 0.15% to trade at 1.3726.
Meanwhile, European stock markets remained mixed in rangebound trade. The EURO STOXX 50 was flat, France’s CAC 40 dipped 0.2%, Germany's DAX inched up 0.3%, while London’s FTSE 100 declined 0.05%.