The sentix Economic Sentiment Index for the eurozone improved slightly in May, rising by 2.7 points to -16.4 points. This suggests that investors do not, at least, foresee a further escalation of the simmering conflict with Iran. However, concerns about inflation remain high. This stabilisation does not, however, apply to Germany, which finds itself not only in a government crisis but also in a distinct economic trajectory of its own – unfortunately, a negative one. Bucking the trend, the overall index fell by 3.2 points to its lowest level since January 2025. Globally, there are clear signs of easing. This applies ... (full story)