Investing.com - Investor confidence in the euro zone for September improved for the first time since March, largely due to optimism surrounding the European Central Bank’s bond purchasing plan, data showed on Monday.
In a report, market research group, Sentix said its index of investor confidence improved by 7.1 points to minus 23.2 in September from a reading of minus 30.3 in August.
Analysts had expected the index to deteriorate by 0.4 points to minus 30.7 in September.
On the index, a level above 0.0 indicates optimism, below indicates pessimism.
Following the release of the data, the euro remained modestly lower against the U.S. dollar, with EUR/USD dipping 0.21% to trade at 1.2788.
Meanwhile, European stock markets remained mixed. The EURO STOXX 50 retreated 0.15%, France's CAC 40 was flat, Germany's DAX was little changed, while London’s FTSE 100 eased down 0.1%.
In a report, market research group, Sentix said its index of investor confidence improved by 7.1 points to minus 23.2 in September from a reading of minus 30.3 in August.
Analysts had expected the index to deteriorate by 0.4 points to minus 30.7 in September.
On the index, a level above 0.0 indicates optimism, below indicates pessimism.
Following the release of the data, the euro remained modestly lower against the U.S. dollar, with EUR/USD dipping 0.21% to trade at 1.2788.
Meanwhile, European stock markets remained mixed. The EURO STOXX 50 retreated 0.15%, France's CAC 40 was flat, Germany's DAX was little changed, while London’s FTSE 100 eased down 0.1%.