Eurozone Sentix Investor Confidence dips to 19.6 in Sept, misses estimates

Eurozone’s investor sentiment continues to deteriorate in September, the latest data published by the Sentix research group showed on Monday.

The gauge dropped to 19.6 in September from 22.2 in August vs. a reading of 19.7 expected. 

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About Eurozone Sentix Investor Confidence

Among 1600 financial analysts and institutional investors, the Sentix Investor Confidence is a monthly survey that shows the market opinion about the current economic situation and the expectations for the next semester. The index, released by Sentix GmbH, is composed by 36 different indicators. Usually, a higher reading is seen as positive for the Eurozone, which means positive, or bullish, for the Euro, while a lower number is seen negative or bearish for the unique currency.