Europe Investor Confidence Jumps to Two-Year High, Sentix Says
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European investor confidence surged to the highest in more than 2 1/2 years in August as demand from emerging economies brightened the outlook, the Sentix research institute said.
An index measuring sentiment in the 16-nation euro region increased to 8.5 from minus 1.3 in July, Limburg, Germany-based Sentix said in an e-mailed statement today. That’s the highest since December 2007. A gauge of current business conditions climbed to 16.5 from 2 in the previous month, while a sub-indicator of expectations increased to 0.75 from minus 4.5.