Eurozone January Sentix investor confidence -15.8 vs -15.5 expected
<ul><li>Prior -16.8</li><li>Expectations -8.8</li><li>Prior -9.8</li></ul><p>Euro area investor sentiment improves for a third straight month to its highest level since last May. The expectations reading has also improved to its highest since February last year. However, any signs of a strong recovery remains wanting as the outlook – especially for Germany – remains uncertain. Sentix notes that:</p><p>"This is unlikely to be a turnaround. This is partly due to Germany ,whose economy is still in recession and therefore in crisis."</p>
This article was written by Justin Low at www.forexlive.com.
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