REPORT
By Abdulselam Durdak
Frankfurt briefing, April 17

In the Eurozone last week, the markets were generally stagnant due to the Easter holiday. Despite this, the Frankfurt-based Sentix index, which conducts research on the market, and industrial production were followed.

In the Eurozone, the Sentix Investor Confidence Index rose to 23.9 points in April from 20.7 points in March, the highest level since August 2007.

The Eurozone Current Situation Index, which measures the current economic situation in April, reached 28.8 points from 23.8 points, the highest level since January 2011. The Expectations Index, which measures investors' expectations for the next six months, also rose to 19.3 points from 17.8 points.

On the other hand, in February 2017 compared with January 2017, seasonally adjusted industrial production fell by 0.3 percent in the eurozone and by 0.2 percent in the European Union (EU), according to estimates from Eurostat, the statistical office of the EU.

In January 2017, industrial production rose by 0.3 percent in both zones.

In February 2017 compared with February 2016, industrial production increased by 1.2 percent in the euro area and by 2.1 percent in the EU.

 

-The week ahead

Markets will be closed on Monday due to the Easter holiday in Europe. In the Eurozone this week, inflation data, foreign trade and consumer confidence will be followed in general.

17 Apr,2017

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REPORTS