Eurozone Sentix well below estimates; Swiss consumer confidence slightly higher 📊

2:17 PM 9 December 2024

Today, macro readings from Europe came in weaker than expected, as Sentix business sentiments fell unexpectedly to -17.5, signalling contraction among investors, observing European markets and its perspectives.

  • Eurozone Sentix Investor Confidence: -17.5 vs -12.3 exp. and -12.5 previously
  • However, Swiss consumer confidence came in higher at 49.4 vs 47.4 and 47.5 previously

EURCHF gains 0.2% today, rebounding from multi-year lows zone despite weaker than expected Sentix index.

 

Source: xStation5

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