Euro-Zone Sentix Investor Confidence Index Rises to 12-Month High in August

Investor confidence in the Euro-Zone improved for the fifth consecutive month in August, with the Sentix index rising to a 12-month high of -17.0 from -31.3 in July. At the same time, the gauge for business conditions rose to -39.0 from -53.8 in the previous month, while the measure for future expectations jumped to 8.0 from -5.5 in July, and the data foreshadows a improved outlook for future growth as policymakers take unprecedented steps to shore up the ailing economy.