Euro zone investor morale rises to highest level since Feb 2018

Euro zone business activity soared in June as lockdowns lifted
Euro zone business activity soared in June as lockdowns lifted   -   Copyright  Thomson Reuters 2021   -  
By Reuters

<div> <p><span class="caps">BERLIN</span> – Investor morale in the euro zone rose for the fourth month in a row in June, reaching its highest level since February 2018, lifted by reopening restaurants and tourism resuming as coronavirus cases fall, a survey showed on Monday.</p> <p>Sentix’s index for the euro zone climbed to 28.1 from 21.0 in May. A Reuters poll had pointed to a reading of 26.0.</p> <p>A current conditions index surged to 21.3 from 6.3. An expectations index eased to 35.3 from 36.8 a month earlier.</p> <p>“The eurozone is increasingly leaving the painful losses of the Corona year behind,” said Sentix Managing Director Manfred Huebner. “However, there is a downside to the strong economy and that is foreseeable rising prices.”</p> <p>Sentix surveyed 1,139 investors from June 3 to June 5.</p> <p/> </div>