Investing.com – Investor confidence in the euro zone for January improved more-than-expected, but remaining in negative territory for the sixth consecutive month data showed on Monday.
In a report, market research group, Sentix said its index of investor confidence improved by 2.9 points to minus 21.1 in January from December’s reading of minus 24.0.
Analysts had expected the index to improve by 0.5 points to minus 23.5 in January.
On the index, a level above 0.0 indicates optimism, below indicates pessimism.
Following the release of the data, the euro remained higher against the U.S. dollar, with EUR/USD gaining 0.28% to trade at 1.2756.
Meanwhile, European stock markets were mixed to lower. The EURO STOXX 50 dipped 0.05%, France’s CAC 40 added 0.05%, the FTSE 100 lost 0.1%, while Germany's DAX shed 0.35%.
In a report, market research group, Sentix said its index of investor confidence improved by 2.9 points to minus 21.1 in January from December’s reading of minus 24.0.
Analysts had expected the index to improve by 0.5 points to minus 23.5 in January.
On the index, a level above 0.0 indicates optimism, below indicates pessimism.
Following the release of the data, the euro remained higher against the U.S. dollar, with EUR/USD gaining 0.28% to trade at 1.2756.
Meanwhile, European stock markets were mixed to lower. The EURO STOXX 50 dipped 0.05%, France’s CAC 40 added 0.05%, the FTSE 100 lost 0.1%, while Germany's DAX shed 0.35%.