The sentix overall index for the economy in Euroland rises again in the Agust and reaches a value of +14.7 points. Investors are thus rewarding the signs of relief in the EU's trade dispute with the US. This also benefits the data for Germany, where the overall index can rise by 4.2 points. Overall, the robust condition of the situation values is surprising, especially for the USA, where we are measuring an all-time high. It seems that investors have become particularly aware this month that the global economy is in much better shape than they feared three months ago. Accordingly, investors no longer expected a turnaround, but only saw a cooling off.
Sentix Investors Confidence rose to 14.7 in August
- Monday, Aug 06 2018
The summer heat in Europe is also causing economic temperatures to rise again. The overall Euro zone index rose by 2.6 points to 14.7 points in August. A complete all-clear cannot yet be given, because with negative expectations, the economy is still in a cooling off phase. But investors seem to see the dangers of an escalation in the trade dispute initiated by US President Trump much less acute.