Eurozone investor sentiment declined dramatically to a 16-month low due to the Ukraine war, survey results from the behavioral research firm Sentix showed on Monday. After two consecutive improvements, the investor confidence index plunged to -7.0 in March from +16.6 in February. Both current assessment and expectations weakened notably in March. The current situation index declined 11.5 points to 7.8, the lowest since last May. At the same time, the expectations index fell sharply by 34.8 points, which was the biggest fall in the survey history. The index reached -20.8 in March, the weakest since August 2012.
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