December 7, 2020

BERLIN (Reuters) – Investor morale in the euro zone rose more than expected in December, hitting its highest since February on expectations of an economic upswing thanks to the availability soon of vaccines to fight the coronavirus pandemic, a survey showed on Monday.

Sentix’s index for the euro zone rose to -2.7 from -10.0 in November. A Reuters poll had pointed to a reading of -8.3.

The expectations index rose to 29.3 from 15.3, hitting its highest since April 2015 on expectations that coronavirus vaccines will help support growth.

The current situation index rose to -30.3 from -32.3, reaching its highest level since March.

“The Corona crisis year 2020 will end with a bang,” Sentix Managing Director Patrick Hussy said in a statement headed: “Vaccine releases boom-like growth forces”.

Sentix surveyed 1,112 investors from Dec. 3 to Dec. 5.

(Writing by Paul Carrel; Editing by Maria Sheahan)

The post Euro zone investor morale surges on vaccine hopes – Sentix first appeared on One America News Network.

Public Affairs

Sign Up for Our Newsletters

Get notified first!

You May Also Like

Newsom Recall Shows States Can Do More to Protect Constitutional Rights: Dr. Cordie Williams

It’s a ‘shot across the bow’ of politicians who would restrict civic…

Texas State Senate Passes Election Integrity Bill Targeting Mail-in Ballots

The Republican-led Texas state Senate passed a bill early on Thursday that…

Lyfeloop is Best New Social Media App

Lyfeloop has been Named Best New Social Media App while quietly gaining…

Grassroots Rebellion Grows With New Calls to Ban Critical Race Theory from Military, Public Schools

Kevin O’Leary said he was “devastated” when he learned his former football…