euro zone investor morale shrugs off french election fears
Last Updated : GMT 06:49:16
Arab Today, arab today
Arab Today, arab today
Last Updated : GMT 06:49:16
Arab Today, arab today

Euro zone investor morale shrugs off French election fears

Arab Today, arab today

Arab Today, arab today Euro zone investor morale shrugs off French election fears

Beijing - Arab Today

Investor sentiment in the euro zone improved more than expected in April to remain at the highest level in almost 10 years on Monday, shrugging off risks linked to a closely watched presidential election in France.
The Frankfurt-based Sentix research group’s euro zone index rose to 23.9 points, its highest level since August 2007. That exceeded the consensus forecast of 21.0 in a Reuters poll of analysts.
The index last month rose to 20.7 from 17.4 in February as concern dissipated that global political risks could end an economic upswing.
“The euro zone has emancipated itself from global tendencies, as the assessment for other world regions is by no means unequivocal,” Sentix said in a statement.
“The euro zone continues to make further economic progress. Before the important presidential election in France, the current situation index for the euro zone economy rose to the highest level since January 2008,” it said.
France will elect a new president in a two-round ballot in April and May. Centrist candidate Emmanuel Macron is expected to contest a run-off against far-right National Front leader Marine Le Pen. Her plans to ditch the euro and hold a referendum on European Union membership have spooked many investors, who fear a “Frexit” after British voters chose last year to leave the EU.
Sentix said the current situation sub-index for the euro zone was 28.8, up from 23.8 in March.
An index tracking Germany, the euro zone’s largest economy, rose to 35.3 in April from 34.1 in March.
“The strong euro zone, which has been fired up by an extremely expansive monetary policy, has not failed to leave its mark on the strongest euro economy,” Sentix said, suggesting Germany was benefiting from a recovery in the currency bloc.
By contrast, the indices for the United States and Japan fell. Sentix linked the fall in the world’s largest economy to US President Donald Trump.
“The president talks a lot, but his messages are reaching investors increasingly less,” Sentix wrote. “Trump has become a killer of perspectives.”
US stocks have risen to record highs since Trump’s election after he vowed to remove some of the regulations introduced after the financial crisis and to boost spending on the military and infrastructure.
Sentix polled 1,035 investors on April 6 to 8.

Source: Arab News

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

euro zone investor morale shrugs off french election fears euro zone investor morale shrugs off french election fears

 



Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

euro zone investor morale shrugs off french election fears euro zone investor morale shrugs off french election fears

 



GMT 21:16 2016 Monday ,27 June

Zaki Badr discusses cleaning problem in Giza

GMT 21:46 2017 Saturday ,14 January

Turkey arrests 60 businessmen for alleged Gulen ties

GMT 22:38 2017 Friday ,24 March

Abbas meets with Merkel in Berlin

GMT 09:02 2017 Monday ,27 March

Tunisian Premier Concludes Visit to Sudan

GMT 15:54 2017 Friday ,01 September

Attorney General Directs Prosecutors to inspect Prison

GMT 09:22 2017 Sunday ,31 December

HM King condoles with Afghanistan President

GMT 10:12 2016 Wednesday ,06 April

Strong dollar, mild weather shrink H&M profits

GMT 17:03 2016 Saturday ,24 December

7 police killed in attacks in Afghansitan

GMT 13:51 2017 Friday ,17 March

Israel denies Syria shot down a warplane

GMT 04:08 2017 Thursday ,05 January

Carbon tax can fund clean energy transition

GMT 19:27 2016 Wednesday ,14 September

Alstom to go ahead with plans to shut down Belfort plant

GMT 01:44 2017 Friday ,15 December

Mennat-Allah underlines importance of landscapes

GMT 04:57 2017 Thursday ,14 December

Trump tells NASA to send Americans to Moon

GMT 21:43 2017 Wednesday ,11 October

Qabil discusses with Swiss delegation improving power

GMT 21:06 2017 Sunday ,17 September

OIC condemns suicide attack in Kabul

GMT 08:27 2017 Thursday ,27 April

Nokia reports another loss as networks sag

GMT 19:41 2017 Monday ,06 February

Elina Svitolina Claims Taiwan Open Title

GMT 09:39 2017 Friday ,03 February

Former Brazilian president Lula's wife dies of stroke
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©

arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday