Morale among investors in the euro zone dropped in October to its lowest level i...
BERLIN - Morale among investors in the euro zone dropped in October to its lowest level in more than six years as stimulus measures taken by central banks failed to allay recession fears, a survey showed on Monday.
The Sentix research group said its investor sentiment index for the euro zone dropped to -16.8 in October from -11.1 in September. That was its lowest level since April 2013 and undershot the Reuters consensus forecast for a reading of -13.0. In September, European Central Bank chief Mario Draghi pledged indefinite stimulus to revive an ailing euro zone economy. The ECB cut rates deeper into negative territory and promised bond purchases with no end-date to push borrowing costs even lower.
Investors’ assessment of the current situation plunged to -15.5 from -9.5. That marked a fifth consecutive decline and the weakest reading since the end of 2014.
Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
Schwarzman: Europe could enter Japan-style stagnation if governments don't start spendingThe euro zone economy risks a Japan-style economic stagnation without fiscal stimulus, warns Blackstone CEO Stephen Schwarzman.
Weiterlesen »
20 Surprising Secrets About Roswell RevealedThe alien teen drama became a cult hit during its three year run from 1999-2001
Weiterlesen »
Savvy Traveler: 15 Destinations With Dirt-Cheap Airfares In OctoberThis month is a boon for budget travelers, with airfares in October dipping to their lowest in six years.
Weiterlesen »
Producer Liz Trubridge On Casting The ‘Downton Abbey’ Movie: “It Made The Negotiations For Brexit Look Like A Walk In The Park” – The Contenders LondonRepresenting Focus Features at this year’s The Contenders London was this year’s not-so-surprise Brit hit Downton Abbey, which brought producer Liz Trubridge, actor Michael C Fox — who plays …
Weiterlesen »
Fear Overtakes Greed in IPO Market After WeWork DebacleShares of newly public companies, earlier this year one of the hottest investments on Wall Street, are in a slump after investors soured on money-losing startups from Uber Technologies to WeWork.
Weiterlesen »
Japanese Patrol Boat Collides With North Korean Fishing VesselA Japanese Fisheries Agency patrol boat collided with a North Korean fishing boat in the Sea of Japan, throwing about 20 North Korean fishermen into the sea
Weiterlesen »