Euro zone investor morale rises more than expected in June

BERLIN, June 10 (Reuters) – Investor morale in the euro zone rose for the eighth consecutive month in June, but economic recovery in the bloc is proceeding with difficulty, a survey showed on Monday.

Sentix’s index for the euro zone rose to 0.3 points for June from -3.6 in May. Analysts polled by Reuters had expected it to rise to -1.8 this month.

Importantly, the index on expectations saw a rise, increasing from 7.8 in May to 10.0 in June, “providing some encouragement that the trend may continue in the coming weeks”, Sentix said.