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Eurozone Sentix Investor Confidence Index drops to -9.2 in September from -3.7

Sentix Investor Confidence in the Eurozone fell to -9.2 in September.
EUR/USD continues to fluctuate in a tight daily range above 1.1700.

Investors sentiment in the Eurozone deteriorated in September, with the Eurozone Sentix Investor Confidence Index dropping to -9.2 from -3.7 in August.

The details of the report showed that the Current Situation Index fell to -18.8 from -13, while the Expectations Index declined to 0.8 from 6.0.

Assessing the survey's findings, "there is not much sign of an autumn revival and the pressure on export-oriented industry is likely to increase further as a result of the tariff deal with the United States," Sentix said.

Market reaction

EUR/USD showed no immediate reaction to this report and was last seen trading marginally higher on the day at 1.1730.

Author

Eren Sengezer

FXStreet

As an economist at heart, Eren Sengezer specializes in the assessment of the short-term and long-term impacts of macroeconomic data, central bank policies and political developments on financial assets.

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