Economic Buzz: Eurozone Investor Confidence Lowest In Over 4 Years In February

Eurozone investor confidence weakened for a sixth straight month in February to its lowest level in over four years, as the assessment of the current economic situation worsened further, while the pessimism regarding the outlook lessened, survey data from Sentix showed on Monday. The investor confidence index for the euro area dropped to -3.7 from -1.5 in January, the Frankfurt-based behavioral research institute showed on Monday. The latest reading was the lowest since November 2014. The current conditions index fell to 10.8 from 18, marking the weakest score since December 2016. The measure declined for a sixth month in a row. The expectations index rose to a three-month high of -17.3 from -19.3.