FRX: Euro zone Sentix investor confidence declines more-than-expected
Forex Pros – Investor confidence in the euro zone declined more-than-expected in December, data showed on Monday.
In a report, market research group, Sentix said its index of investor confidence fell to a level of 9.7 in December, after rising to 14.0 in November.
Analysts had expected the index to fall to 11.0 in December.
On the index, a level above 0.0 indicates optimism, below indicates pessimism.
Following the release of the data, the euro was down against the U.S. dollar, with EUR/USD tumbling 0.83% to hit 1.3302.
Meanwhile, European stock markets were mixed. The EURO STOXX 50 fell 0.34%, France’s CAC 40 was down 0.21%, Germany's DAX gained 0.07%, while the FTSE 100 declined 0.25%.
