FX news: State Street confidence index

On Tuesday State Street Global Markets released the results of the State Street Investor Confidence Index for April.

According to the report: “Globally, investor confidence fell 7.7 points to 99.7 from March’s revised reading of 107.4. Declines in sentiment in North America were a key contributor, with institutional investor confidence falling 6.7 points from 110.4 to 103.7. Among Asian investors, too, confidence was lower, falling 6.5 points from 100.7 to 94.2”. Curiously: “European institutions bucked the trend, as the reading for that region rose 1.2 points from 94.7 to 95.9”.

The index measures investor confidence on a quantitative basis, analyzing the buying and selling patterns of institutional investors.

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