BERLIN, Nov 4 Reuters Investor morale in the euro zone rose for a second consecutive month in November, though by slightly less than expected, as somewhat greater satisfaction with the current situation boosted the overall mood, a survey showed on Monday.

The Sentix index for the euro zone rose to 12.8 in November from 13.8 in October, falling slightly short of the forecast from analysts polled by Reuters of a rise to 12.5 this month.

The survey of 1,066 investors from Oct. 31 to Nov. 2 showed expectations stagnating at 3.8 points this month.

A turnaround looks different, the Sentix report said.

The current situation score for the currency union improved slightly to 21.5 in November from 23.3 last month.

Investor morale in Germany, Europe39;s largest economy, also rose slightly this month for the second consecutive month, increasing to 29.8 from 31.5 in October, showed the survey.

Even if the crisis cannot shock investors in Germany because they are already in a minor key, no positive turnaround scenario can be derived from this data, the report said.

Reporting by Friederike Heine, Editing by Miranda Murray

Source Reuters