Investor confidence in the Eurozone is falling again. In March the Sentix index fell to -10,6 points, from -3,9 in February. Among the sub-indexes, the one on expectations decreased from 15,8 to 8,3, while the one on the current situation decreased from -21,8 to -27,8.
The upward trend of the last six months was interrupted due to fears of a new wave of political uncertainty after the Italian elections, from which a majority in the Senate did not emerge.
"The reason for this setback is obvious: it is the result of the elections in Italy that has increased uncertainty about the future development of the country", writes the Sentix institute in a note, adding that "this has had a negative impact across the entire euro area”.
However, a separate index for Germany shows that investor confidence in the euro zone's largest economy remains stable: 24,5 points in March, up slightly from last month's 24,3 points. This is the highest level reached since July 2011.
