Investing.com - Investor confidence in the euro zone for September improved to the highest level since May 2011, amid easing 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 improved to 6.5 in September from a reading of minus 4.9 in August.
Analysts had expected the index to improve to minus 2.8 this month.
On the index, a level above 0.0 indicates optimism, below indicates pessimism.
Following the release of the data, the euro was modestly higher against the U.S. dollar, with EUR/USD easing up 0.1% to trade at 1.3194.
Meanwhile, European stock markets remained mixed. The EURO STOXX 50 rose 0.1%, France's CAC 40 dipped 0.2%, Germany's DAX inched up 0.15%, while London’s FTSE 100 eased down 0.2%.
In a report, market research group, Sentix said its index of investor confidence improved to 6.5 in September from a reading of minus 4.9 in August.
Analysts had expected the index to improve to minus 2.8 this month.
On the index, a level above 0.0 indicates optimism, below indicates pessimism.
Following the release of the data, the euro was modestly higher against the U.S. dollar, with EUR/USD easing up 0.1% to trade at 1.3194.
Meanwhile, European stock markets remained mixed. The EURO STOXX 50 rose 0.1%, France's CAC 40 dipped 0.2%, Germany's DAX inched up 0.15%, while London’s FTSE 100 eased down 0.2%.