Euro zone investor morale slumps to 6-month low

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BERLIN, Oct 4 (Reuters) – Investor morale within the euro zone fell for the third month in a row in October and hit its lowest degree since April on dimming financial expectations, a survey confirmed on Monday.

Sentix’s index for the euro zone fell to 16.9 from 19.6 in September. A Reuters ballot had pointed to an October studying of 18.6.

A present circumstances index fell to 26.3 from 30.8. An expectations index fell to eight.0 from 9.0, dropping for the fifth month in a row to hit its lowest degree since May 2020.

“The economic recovery process continues to falter,” stated Sentix Managing Director Patrick Hussy. “The continuing loss of momentum thus does not signal any autumn revival.”

Sentix surveyed 1,067 buyers from Sept. 30 to Oct. 2.

Writing by Paul Carrel

A homeless man sleeps on a mattress next to his belongings at the entrance of a closed hotel, after Catalonia's government imposed new restrictions in an effort to control the outbreak of the coronavirus disease (COVID-19) in Barcelona, Spain January 6, 2021. REUTERS/Nacho Doce