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 Euro Zone Investor Sentiment Climbs up for First Time Since March

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PostSubject: Euro Zone Investor Sentiment Climbs up for First Time Since March   Euro Zone Investor Sentiment Climbs up for First Time Since March Icon_minitimeMon Sep 10, 2012 11:08 am

Euro Zone Investor Sentiment Climbs up for First Time Since March


Euro Zone investor sentiment climbed to -23.2 in Sept, up from -30.3 in Aug, and well above a estimate for a dip to -30.7.
A sub-index measuring expectations rose for a second straight month to -10.8 from -23.3 in August.
The Sentix sub-index tracking current conditions rose slightly, climbing to -34.8 from -37.0 the previous month.
Quotes
"The main reason for the general improvement in sentiment could well be ECB President Mario Draghi's continued assertive manner and his institution's intention, which is now concrete, to start buying crisis-stricken countries' bonds again soon if they fulfil certain conditions,"


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