Sentix euro zone investor confidence improves to -13.8 in October from -15.4 previously

• Euro zone investor morale rises in October.
• EUR/USD holds back to near 1.0975 after upbeat Eurozone data.

The the euro zone The Sentix Investor Confidence Index improved from -15.4 in September to -13.8 in October, the latest survey showed on Monday.

The euro area expectations index recovered from -8.0 to -3.8 from September in October.

The Current Situation indicator for the bloc, however, fell to -23.3 in the same period from -22.5 in September, reaching its lowest level in four months.

Sentix said, “the downward economic trend has been halted for now,” Sentix said.

“The eurozone economy thus begins its next attempt to find its way out of recession/stagnation,” he added.

Market reaction to Eurozone Sentix data

EUR/USD it holds the rebound to near 1.0975 after euro zone data. At the time of writing, EUR/USD is trading flat on the day.