Eurozone Investor Morale Drops for 3rd Month: Sentix

Eurozone Investor Morale Drops for 3rd Month: Sentix
A symphony of light illuminates the south facade of the European Central Bank headquarters in Frankfurt, Germany, on Dec. 30, 2021. Wolfgang Rattay/Reuters
Reuters
Updated:

BERLIN—Investor morale in the eurozone slid for the third consecutive month in October to its lowest level since May 2020 signaling a deep recession for the 19-country currency bloc, a survey showed Monday.

Sentix’s index for the eurozone tumbled to—38.3 points in October from—31.8 in September, below expectations of analysts polled by Reuters for a reading of—34.7.