Euro zone is marking time

The composite index for the euro zone drops by one point to now -12.6 in July. The index is currently marking time. This is mainly caused by the assessment of the current situation which has made no headway for the past months. Investors' expectations remain above average, institutional investors are even becoming more optimistic. For Germany, the US and Japan, the composite indices rise significantly. Here, investors are extremely positively predisposed towards the economy. However, in the emerging markets regions, composite indices fall strongly, with the assessments of the current situation as a special burden. The index for the global aggregate therefore also declines in July.

Full report July 2013

Headlines of the month

  • The composite index for the euro zone drops by one point to -12.6 points in July. The index is currently marking time. This is mainly caused by the current assessment of the situation which has made no headway over the past months. At the same time, investors' 6-month expectations remain above average.
  • For Germany, the US and Japan, composite indices increase significantly. Here, investors are extremely positively predisposed towards the economy.
  • However, in the emerging markets regions, the composite indices fall strongly, with the assessments of the current situation as a special burden. The index for the global aggregate therefore also declines in July.

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