FX news: State Street Index shows crisis of confidence

State Street Investor Confidence Index for February 2011 fell 9.2 points from January’s revised reading of 100.8 to reach 91.6. Declines were evident across all regions.

State Street Investor Confidence Index for February 2011 fell 9.2 points from January’s revised reading of 100.8 to reach 91.6. Declines were evident across all regions.

In Europe, the signs of retrenchment are most evident, with institutional investor confidence declining a massive 13.0 points, from 92.8 to 79.8.

The risk appetite of North American institutional investors fell to 92.5, a 6.8-point decline from the January level of 99.3, while confidence among Asian investors fell 4.3 points from January’s revised number of 96.5

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