Eurozone investor sentiment rises to the highest level since March 2018

Investor sentiment rose in 19 member states of the euro zone during the month of May to its highest level since March 2018, according to the Sentex survey, amid the highest expectations ever, and an optimistic assessment of the current situation, indicating that the euro area is overcoming the Corona virus.

The Sentex index for the euro area rose to 21.0 points in May compared to 13.1 points in April, and expectations were for a rise of 14.0 points in May. The Sentex index indicated that "the economic situation in the euro area continues to improve," adding that the recession caused by the coronavirus crisis has been overcome. . The data also showed that the current conditions index recorded its highest level since May 2019, and the future expectations index rose to a record high of 36.8 points in May, compared to 34.8 points in April.