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Will the sentiment stay positive in Europe?

Will the sentiment stay positive in Europe?

alphoItaly, the eurozone’s third-largest economy and also the most affected country by coronavirus, increase in industrial output of 8.2 per cent on month-on-month base in June. Outperforming the expectations of economists polled by Reuters who had forecast a rise of 5.1 per cent. One of the most caused country by coronavirus followed a record 41.6 per cent increase in the previous month after the lockdown ended. 

 

Source: Tradingview.com

As we can see in the picture German index DAX (blue line) recorded the fastest recovery compared to Italy and France index. On the other side, French index CAC 40 (orange line) and Italy index FTSE MIB (candle chart) recorded quite slowlier similar recovery of the economy.