India, July 7 -- Eurozone investor confidence rose to the highest level in more than three years in July suggesting that fears of recession triggered by the US tariff shocks are completely off the table, survey data from the behavioral research institute Sentix showed on Monday.
The investor confidence index advanced to 4.5 in July from 0.2 in June. The reading was the highest since February 2022 and also stayed well above forecast of 1.1.
Assessment of current situation and expectations strengthened for the third straight month.
Sentix said the third consecutive increase means that the fears of recession expressed in April as a result of the US tariff shock are completely off the table. The July data indicated a sustained upturn in the ...