10,319.96 TRY BIST 100 BIST 100
34.99 EUR EUR EUR
32.25 USD USD USD
4.49 CNY CNY CNY
0.13 CNY CNY/EUR CNY/EUR
42.53 TRY Interest Interest
83.58 USD Fossil Oil Fossil Oil
29.64 USD Silver Silver
4.91 USD Copper Copper
117.33 USD Iron Ore Iron Ore
382.00 USD Ship Dismantling Ship Dismantling
2,467.82 TRY Gold (gr) Gold (gr)

Eurozone investor confidence at lowest level since July 2020

Investor confidence index in the Eurozone fell to its lowest level since July 2020 amid concerns over Russia's ongoing war in Ukraine.

Eurozone investor confidence at lowest level since July 2020

According to the statement made by Sentix, which conducts market research and is headquartered in Frankfurt, the Eurozone General Investor Confidence Index, which was minus 7 points in March, dropped 11 points to minus 18 points this month.

The expectation for the index, which fell to its lowest level since July 2020, was to decrease to minus 9.2 points.

The Expectations Index, which measures investors' expectations for the next 6 months, decreased by 9 points to minus 29.8 points, reaching its highest level since December 2011.

The Current Situation Index, on the other hand, dropped from 7.8 points to minus 5.5 points.

The war in Ukraine, sanctions against Moscow and uncertainties are pushing the Eurozone economy towards recession, the statement said.

In the statement, it was stated that investors do not expect a wider monetary policy from the central banks, since the rate of increase in inflation is still at a significant level.

The investor confidence survey was conducted on March 31-April 2 with the participation of 1,249 investors.

Comments

No comment yet.

Only +plus subscribers can access this content.

SUBSCRIBE now to share your thoughts on the markets and get more comments.
SUBSCRIBE If you already have an account Sign In

Most read news

US confirms 25% steel tariff on China

Wednesday, May 15, 2024

Jindal Shadeed Iron and Steel (JSIS) is commissioning three new facilities

Wednesday, May 8, 2024

Israel to impose four-point sanctions on Türkiye

Monday, May 6, 2024

Türkiye has completely suspended its trade with Israel

Friday, May 3, 2024

The impact of tensions between Iran and Israel on the global steel market

Tuesday, April 30, 2024
Follow List
Expand
Your watch list is empty

Add your favorite commodities for quick access and don't miss the latest price change news.


There are no news categories you follow
Edit Notification Preferences
E-bulletin subscription
Sign up to receive the latest news and daily iron prices by e-mail and sms
Become a Plus Subscriber Now!
Try it free for 3 days!
Subscribe Now
Neutral Prices
Be informed
Provincial Iron Prices
Comments and Analysis
Subscribe Now