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Investor confidence plummets, shows signs of further decline: State Street

Amala Balakrishner
Amala Balakrishner • 2 min read
Investor confidence plummets, shows signs of further decline: State Street
Michael Metcalfe, head of Global Macro Strategy at SSGM, warns that investor confidence may further decline, in light of the novel coronavirus that originated from Wuhan, China.
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SINGAPORE (Jan 30): Investor confidence for January has plummeted, according to the Investor Confidence Index (ICI) released on Wednesday by State Street Global Markets (SSGM).

Globally, investor confidence dropped by 3.2 points to 76.5 in January, from December’s revised reading of 79.7.

The decline was led by a 3.4 point decline in the North American ICI to 68.2 and a 3.9 decline in the European ICI to 105.5.

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