State Street released the results of its Investor Confidence Index for June, and there was a rise for the European and Asian ICI.

After the fall in the month of June, there was a rise in investor sentiment in both Asia and Europe, according to State Street.

State Street released the results of its Investor Confidence Index (ICI) for July, and found that the European ICI rose by 0.7 points to 91.5, and the Asia ICI increased by 0.5 points to 103.3.

The North American ICI was the only region to suffer a fall in July, investor sentiment in North America decreased from 104.2 to 103.4 points. The North American ICI fell in May and rose in June, and continues to show a period of instability for investors in July. The Donald Trump administration is continuing to present uncertainty in the investment world.

Overall, the global investor confidence index increased to 101.8, up 1.0 point from June’s revised reading of 100.8. 

“The regional breakdown shows that North American and Asian investors have tamed their risk appetite from an overly optimistic level, with ICI readings just a few points above the neutral mark,” said ICI creator Kenneth Froot. “At the same time, European investor sentiment remains anchored in risk-off territory. It is possible that the prospect of escalating trade protectionism, political uncertainty, and lagging earnings growth continue to depress institutional investor sentiment."