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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.

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