Eurozone Sentix Investor Confidence smashed to -18 in April vs. -9.2 expected

Eurozone’s investor sentiment kept deteriorating in the fourth month of 2022; the latest data published by the Sentix research group showed on Monday.

The gauge crumbled to -18 in April from -7 in March vs. -9.2 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 as negative or bearish for the unique currency.

European Monetary Union Sentix Investor Confidence below expectations (-9.2) in April: Actual (-18)

European Monetary Union Sentix Investor Confidence below expectations (-9.2) in April: Actual (-18)
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NZD/USD: Risks a correction over the short-term, slowing global growth to limit the scale of upside – MUFG

The New Zealand dollar advanced notably for the second consecutive month with the US dollar weakening notably versus commodity-linked G10 currencies.
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