Investor morale boost for Euro

Investor sentiment across the Eurozone has taken a surprising upturn this month. The German-based Sentix investor confidence index climbed to 5.3 months in its July reading, up from 3.5 in June. Relaxed commodity prices, and particularly the sharp downward turn in the price of oil, helped ease investor concerns. The recent support package for Greece also boosted morale, according to the survey, which was carried out between 30 June and 2 July.