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Euro zone sentiment turns positive for first time in over two years

Eurozone confidence index from negative to positive, the first time in more than two years in September, investors welcomed the euro zone's economic recession ends, and become their increasingly optimistic about the current situation and prospects, a survey showed on Monday.
May Sentix research group, said its index tracking eurozone investor sentiment turned +6.5 points, in May 2011, the highest level since, in August of -4.9 points.
Reading, beating a Reuters poll rose to -2.8, since July 2011 the first positive territory.
"May Sentix analyst Sebastian Wanke said in a statement:" This is from 2003 since the start of its second strongest indicators rose. "This is a stunning coup for the euro area."
May Sentix said 893 Investor Survey September 5 and 7 are mostly more optimistic about their current business situation and their six month outlook.
Its sub-index of the current situation from -22.3 in August rose to -8.8 points, the highest since October 2011, and is expected to rise on the reading from 14.3 to 23.0 points.
Bounce pulled the euro area exports and consumption in the second quarter of 2013 out of recession, the longest downturn in the euro area after the first signs of recovery.
In Germany, Europe's largest economy, the index climbed to April 2011, the highest level since, reaching 28.4 points in September after August's 20.3.



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