Monday, September 6, 2010

Investor confidence eurozone fell in September on fears for U.S.

Investor confidence euro unexpectedly fell in September. According Sentix, their index of confidence fell in the eurozone to 7.62 compared with 8.22 the previous month. It was expected that the indicator will continue to grow against the background of a very good macroeconomic reports on the euro, received for the past month. Apparently, investors are more worried about the state of the U.S., as often then Europe with some time lag is on the same path. And now it is expected that in the event of further slowing U.S. economy and the risk of slipping it into recession, Europe will suffer greatly.


Nevertheless, this, the last risk, several weak market after the relatively good data on the labor market in the U.S.. On Monday the stock exchanges in Asia and Europe together grow, supporting demand for risky currencies, and helping single European protorgovyvat level of 1.29. Although very much to get there does not work due to indecision players due to holidays in the U.S. and very scarce economic calendar in Europe.
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