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Euro zone investor morale dips in November, Sentix survey shows

Reuters
Euro zone investor morale dips in November, Sentix survey shows

FRANKFURT, Nov 9 (Reuters) - ‌Investor morale in the euro zone edged lower ​in ‌November, underscoring expectations for economic stagnation, ‌a survey showed on Monday.

• The Sentix index for the ‌euro zone fell to 2.4 points in November from 2.7 points in October, compared with an ⁠analyst forecast for 2.1 points.

• ‌The current situation ⁠subindex remained stable at -3.3 points in ​November, while economic expectations fell by 0.5 point on ​the month to 8.3 ​points.

• "Hopes ‌for a sustained recovery have been ​dealt a further blow," ⁠said Sentix, citing rising ‌interest rates, ​high fuel prices ​and political uncertainty as drags on the economy.

• By contrast, the German economy showed signs ‌of stabilization, with the index rising 0.3 point to -3.3 points.

•  A ‌pool ​of 1,025 investors, including 220 institutional investors, was surveyed between November 5 and November 7.

(Reporting by ‌Tom SimsEditing by Ludwig Burger)