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 13:42 2015 Saturday ,04 April

Libyan warplane targets camp in Gharyan town

GMT 15:14 2017 Wednesday ,01 March

UN documents nearly 1,500 child soldiers in Yemen

GMT 07:24 2017 Sunday ,01 October

Mexico unlikely to find more quake survivors

GMT 16:15 2015 Wednesday ,11 November

German intelligence 'spied' on Fabius, FBI, UN bodies

GMT 01:32 2017 Saturday ,15 April

Russia's Putin earns about 157,000 USD in 2016

GMT 16:30 2017 Saturday ,15 July

Minister of planning gives priority

GMT 19:45 2017 Wednesday ,05 April

President of Senegal Meets Attorney General

GMT 05:18 2017 Thursday ,21 September

Over 80 missing after migrant boat sinks off Libya

GMT 19:22 2017 Saturday ,01 April

UN: Number of Syrian Refugees Tops 5 million

GMT 15:16 2016 Thursday ,29 September

FBI to put up database on police use of deadly force

GMT 05:06 2016 Friday ,30 September

Indian markets open flat

GMT 01:57 2017 Tuesday ,10 October

Twin suicide bombs kill 13 near Mogadishu airport

GMT 02:25 2017 Friday ,08 September

UAE celebrates National Day at Expo 2017 Astana

GMT 06:19 2017 Sunday ,08 January

Bleaching poses the gravest threat to coral reefs

GMT 12:35 2017 Monday ,18 September

Elham Shahin happy for “Day for Women”

GMT 09:46 2017 Thursday ,22 June

US existing home sales unexpectedly rise in May

GMT 02:36 2017 Tuesday ,10 January

US embassy condemns Al-Arish suicide attack

GMT 10:34 2017 Sunday ,26 November

czar faces graft probe
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