Investor sentiment in the euro area has worsened to a more than six years nadir

Investor sentiment in the eurozone plummeted to a more than six years low in October as central bank stimulus measures failed to ease recession fears.

According to the monthly survey of the Sentix, Frankfurt-based Economic Research Institute published on Monday – this time involving 957 investors and financial analysts – the euro area investor sentiment index declined to minus 16.8 points from the minus 11.1 points of September. (MTI)