Latest data released by Sentix - 8 March 2021
- Prior -0.2
Euro area investor morale jumps to its highest level in over a year as sentiment improves amid vaccine optimism and a hopefully better economic outlook later in the year.
The headline reading is the highest since February last year. Sentix notes that:
"Global vaccination campaigns are making good progress, raising hopes of effective protection. Those trends allow for a faster reopening of the economy. That is what investors are betting on."
Adding that investors are also anticipating rising inflation pressures, which will be driven by expansive monetary and fiscal policy as well as pent-up demand.
