State Street Investor Confidence Index July 2022

The Global Investor Confidence Index increased 8.0 points in July to 102.2, an uptick from June’s reading of 94.2. North American Investor Confidence Index (ICI) rose 8.1 points to 104.5, and Asian ICI rose 4.4 points to 93.2. European ICI rose marginally 0.7 points to 85.7.

“Investor confidence bounced significantly in July with the global index moving back above 100 for the first time since February,” commented Lee Ferridge, head of Multi-Asset Strategy, the Americas for State Street Global Markets.

“The North American series continues to lead the way rising by over 8 points, while the Asia index increased by 4.4 points. Sentiment towards European markets remains the laggard, however, rising just 0.7 points as, despite the recent decline in oil prices globally, ongoing concerns over the impact of the Ukraine conflict continues to render European investors cautious. Global sentiment has been boosted by hopes that central bank rates will not need to rise as much as previously feared, as activity data shows signs of slowing. Whether the much hoped for soft-landing can be achieved, however, remains a major uncertainty.”