The material on this site is for financial institutions, professional investors and their professional advisers. It is for information only. Please read our Terms & Conditions, Privacy Policy and Cookies before using this site.

All material subject to strictly enforced copyright laws. © 2020 Euromoney, a part of the Euromoney Institutional Investor PLC.
Foreign Exchange

FX news: State Street investor confidence index looks better in the West than the East

State Street Global Markets has released the results of its State Street Investor Confidence Index for November.

The index shows global investor confidence to have risen – by 9.3 points to 97.5 from October’s 88.2 – but the geographical breakdown looks rather curious.


North America investors are shrugging off the somnolent recovery and the last-chance-saloon feel of QE II to be 12.2 points more confident in November – 97.1 – than they were in October when the index registered a mere 84.9.


Likewise, the Europeans seem unconcerned about the possibility of sovereign debt restructuring or that the continent’s banks may still be sitting on assets that smell more than decomposing Dublin Bay prawns. Confidence among European investors is apparently up a stunning 15.9 points to 112.2 from 96.3 in October.


It is Asian investors, located in the hotbed of recovery hopes, who display some restraint: confidence has declined by 8.0




Take out a complimentary trial

Take out a 7 day trial to gain unlimited access to Euromoney.com and Asiamoney.com analysis and receive expertly-curated updates direct to your inbox.

 

Already a user?

Login now

 

We use cookies to provide a personalized site experience.
By continuing to use & browse the site you agree to our Privacy Policy.
I agree