Eurozone investors confidence improves in November

Eurozone investor confidence improved after two consecutive months of decline, official figures released on Monday showed.

The forward-looking Sentix investor confidence index for November rose from 11.7 to 15.1, comfortably above analysts’ expectations for a 13.1 reading.

The figure marked a first increase after two consecutive declines in the previous months, although it remained below the 18 average registered between June and August.

Economists at Sentix reported a “significant sentiment swing regarding global economic expectations” in November and added the Eurozone economic recovery was back on track.