Investor morale in the euro zone improved in May for the third month in a row to...
FILE PHOTO: The stand of German car manufacturer Audi is reflected in the ceiling during a media preview day at the Frankfurt Motor Show September 11, 2013. REUTERS/Kai Pfaffenbach/File Photo
The Sentix research group said on Monday its investor sentiment index for the euro zone rose to 5.3 in May from -0.3 in April. Analysts had expected a reading of 1.4. A sub-index on euro zone expectations improved for the fourth month in a row, reaching -0.3, its highest level since March last year. A current situation index rose to 11.0 from 3.8.
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