Advertisement
Canada markets closed

  • S&P/TSX

    21,728.55
    +14.01 (+0.06%)
     

  • S&P 500

    5,018.39
    -17.30 (-0.34%)
     

  • DOW

    37,903.29
    +87.37 (+0.23%)
     

  • CAD/USD

    0.7283
    +0.0022 (+0.30%)
     

  • CRUDE OIL

    79.11
    +0.11 (+0.14%)
     

  • Bitcoin CAD

    79,682.51
    -3,209.37 (-3.87%)
     

  • CMC Crypto 200

    1,202.07
    -136.99 (-10.23%)
     

  • GOLD FUTURES

    2,328.60
    +17.60 (+0.76%)
     

  • RUSSELL 2000

    1,980.23
    +6.32 (+0.32%)
     

  • 10-Yr Bond

    4.5950
    -0.0910 (-1.94%)
     

  • NASDAQ futures

    17,491.50
    +53.25 (+0.31%)
     

  • VOLATILITY

    15.39
    -0.26 (-1.66%)
     

  • FTSE

    8,121.24
    -22.89 (-0.28%)
     

  • NIKKEI 225

    38,274.05
    -131.61 (-0.34%)
     

  • CAD/EUR

    0.6792
    -0.0010 (-0.15%)
     

Euro zone investor morale rises to highest level since March 2018

Reuters
·1 min read
General view of the skyline of La Defense business district with its Arche behind Paris' landmark, the Arc de Triomphe and the Champs Elysees avenue in Paris

BERLIN (Reuters) - Investor morale in the euro zone rose in May to its highest level since March 2018 on all-time high expectations and an upbeat evaluation of the current situation, a survey showed on Monday, suggesting the bloc is overcoming the COVID-19 crisis.

Sentix's index for the euro zone climbed to 21.0 from 13.1 in April. A Reuters poll had pointed to a reading of 14.0.

A current conditions index moved to positive territory, hitting its highest level since May 2019. An expectations index climbed to a record 36.8 from 34.8 a month earlier.

"The economic situation in the euro zone continues to improve," Sentix said, adding that "the recession caused by the corona(virus) crisis has been overcome."

Sentix surveyed 1,204 investors from May 6 to May 8.

(Reporting by Joseph Nasr; Editing by Paul Carrel)