The Sentix Investor Confidence report which was published this morning revealed an unsurprising downturn in sentiment among large investors and market analysts. The report is a diffusion index based on survey responses from these two groups in Europe.
Given the significant downturn in market fundamentals since early May, this report had almost zero impact on today's trading as it was largely assumed such a reading was impending. Traders have nonetheless digested this information and moved slightly more in the direction of safe-haven assets.
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