actual -2.9, previous -12.7
The Sentix Investors Sentiment is a monthly survey conducted in the European Union (EU) that measures the confidence level of investors and analysts regarding the economic outlook. In this event, the actual sentiment for March was reported at -2.9, which was an improvement from the previous month's figure of -12.7. The market had anticipated a slightly less negative sentiment of -9.1, making the actual result better than expected.
This increase in sentiment from the previous month indicates that investors and analysts are more optimistic about the economic conditions in the EU. A higher sentiment figure suggests that there is more confidence in the economy, which could potentially lead to increased investment and economic activity. However, it is important to note that even though the sentiment improved, it still remains in negative territory, indicating some level of caution or pessimism among investors.
Overall, this event provides valuable insights into market sentiment and can impact currency markets, particularly the Euro (EUR), as it reflects the overall confidence in the EU economy.