European Union Sentix Investor Confidence
sentix conducts a weekly standardized survey among the interested parties who have voluntarily registered for it on the expectations for the next 6 months of the stock indices, the markets of bonds, foreign exchange and commodities and changing current topics. Respondents usually have four answers to express their price expectations: bullish, neutral, bearish and no opinion.
From these survey results, sentix then calculates and publishes various indices, including the economic index for Euro zone. The sentiment is calculated by dividing the difference of bull - bears by the number of survey participants.
sentix itself suggests the use of its indices for short and medium-term investment decisions. Whereby sentix considers it more sensible to act against the trend or the mood if the value of the sentiment reaches extreme values. As a "rule of thumb", they state, a value above 0.4, equivalent to 40% more bulls than bears, is considered a sign of imminent weakening, and -0.3, which means 30 more bears than bulls for a possible price increase. However, slightly different values apply to different markets. An analysis of the divergences can also be helpful, i.e. if a new high in prices is not accompanied by a new high in sentiment, this could also indicate a trend reversal.
The chart of the entire available history of the "European Union Sentix Investor Confidence" macroeconomic indicator. The dashed line shows the forecast values of the economic indicator for the specified dates.
A significant deviation of a real value from a forecast one may cause a short-term strengthening or weakening of a national currency in the Forex market. The threshold values of the indicators signaling the approach of the critical state of the national (local) economy occupy a special place.
Economic calendar widget for your website
Create your own calendar of economic events. To do this, simply specify its size and display period. You can freely use this widget on your websites. In return, we ask you to keep the provided code unchanged.
The Calendar data are provided as is. The economic news release frequency and schedule, as well as the economic parameters' values may change without our knowledge. You can use the provided information, but you accept all the risks associated with making trade decisions based on the Calendar data.
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