Economic Buzz: Eurozone Investor Confidence Deteriorates Sharply In June

Eurozone investor confidence index slid to 9.3 in June from 19.2 in May, survey data from think tank Sentix showed Monday. This was the lowest score since October 2016 and below the expected level of 19.0. The current situation index declined to 34.5, the weakest since April 2017, from 42.8 a month ago. At the same time, the expectations index came in at -13.3, the lowest since August 2012, versus -2 in May. Investors still hope that the worlds trade dispute with the US will not get out of hand, data showed.