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Economic Sentiment

Eurozone’s Economic Sentiment Plunges to the Lowest Since Mid-2020 in May

May 9, 2022 by Forex Winner Leave a Comment

Economic Sentiment

Source: Sentix The eurozone’s Sentix business cycle index plunged to -22.6 points in early May. It is the lowest reading since June 2020. DAX is down -1.70%, EURUSD is down -0.09%. The fall in the economic sentiment reflects the impacts of the Russian-Ukrainian war. The degree of current situation and expectations weakened by around 5%.The economic expectations were at an … [Read more...] about Eurozone’s Economic Sentiment Plunges to the Lowest Since Mid-2020 in May

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