Investing.com – Investor confidence in the euro zone rose less-than-expected in January, industry data showed on Monday.
In a report, market research group, Sentix said its index of investor confidence rose to a level of 10.6 in January, after falling to 9.7 in December.
Analysts had expected the index to rise to 11.8 in January.
On the index, a level above 0.0 indicates optimism, below indicates pessimism.
Following the release of the data, the euro was down against the U.S. dollar, with EUR/USD shedding 0.02% to hit 1.2905.
Meanwhile, European stock markets were broadly lower. The EURO STOXX 50 tumbled 1.05%, France’s CAC 40 plunged 1.13%, Germany's DAX fell 0.36%, while the FTSE 100 declined 0.35%.
In a report, market research group, Sentix said its index of investor confidence rose to a level of 10.6 in January, after falling to 9.7 in December.
Analysts had expected the index to rise to 11.8 in January.
On the index, a level above 0.0 indicates optimism, below indicates pessimism.
Following the release of the data, the euro was down against the U.S. dollar, with EUR/USD shedding 0.02% to hit 1.2905.
Meanwhile, European stock markets were broadly lower. The EURO STOXX 50 tumbled 1.05%, France’s CAC 40 plunged 1.13%, Germany's DAX fell 0.36%, while the FTSE 100 declined 0.35%.