Something shifted in the euro zone this month, and it wasn’t subtle. The Sentix investor confidence index surged to -3.1 in July from -13.4 in June, a gain of more than 10 points that blew past the consensus forecast of -10.0.
The numbers behind the turnaround
The real headline within the headline is the economic expectations sub-index, which climbed 15.8 points to land at +9.3. That’s the first positive reading since March 2026, and it tells you something important: investors aren’t just saying things are less terrible right now, they’re actively betting the trajectory improves from here.
The current situation sub-index also moved higher, rising to -14.8 from -20.0.
Sentix polled 974 investors between July 2-4, including 195 institutional participants.
