sentix Survey results (38-2024)

Print

Loss of confidence in bonds

Investors in the bond market are not happy about the interest rate cuts by the Fed and the ECB. The basic strategic confidence is collapsing significantly, thus promoting profit-taking in bonds. Investors are apparently worried that inflation could make a comeback. For equities, we are seeing signals of an interim consolidation. There is also a sentiment signal for EUR-USD.

Further results

  • Equities: Too many bulls in the US stock market
  • EUR-USD: Bullish sentiment
  • sentix Styles - Investor preferences & behavior

Click here for the full report

sentix Survey results (37-2024)

Print

Bullish sentiment reflex in equities

Confidence is increasingly spreading on the stock market. After the fear reflex of the previous week, share sentiment is jumping upwards just as reflexively. And basic confidence is also on the march. Is this the best of all worlds or a dangerous displacement mode? We see parallels in the sentiment picture from a year ago. Back then, investors were confident and a good fourth quarter followed. Is history repeating itself?

Further results

  • Equities: Basic strategic confidence surprisingly strong
  • Gold: The air is getting thinner
  • sentix sector sentiment

Click here for the full report

Germany chaos

Print

The drama surrounding the German economy is heading for another climax in September. The situation values plummeted by a whopping 5.3 points to -48 points. The recession is raging ever stronger. Tragically, the expectation values are also falling, demonstrating the hopelessness of investors looking at the EU heavyweight. Although the overall eurozone index is not immune in this context, the decline is comparatively small at -1.5 points. Nevertheless, the eurozone is struggling with dangerous recessionary tendencies ‘thanks to Germany’. The situation in the rest of the world is also weakening, but investors here are somewhat more optimistic in their expectations.

Read more...

sentix Survey results (36-2024)

Print

Fast fear reflex, slow portfolio adjustment

The fear reflex comes back very quickly: share sentiment rushes back into the pessimism zone from its recent neutral levels. This is where we were 5 weeks ago. As there is no doubt in the investor bias that the stock markets will continue to rise in the medium term, the TD Index also reacts significantly. Such low values have their own significance, especially as portfolio trading shows only moderate pressure to adjust. Things could therefore get rough again over the next three weeks.

Further results

  • Equities: Average profile shows short term ‘rough path’
  • Bonds: Bund future bias shows first flaw
  • sentix Economic Index: Monday, 09th Sept. 2024 at 10:30 AM CET

Click here for the full report

sentix Survey results (35-2024)

Print

Overconfidence with the DAX

Sentiment on the stock market is neutral, basic confidence is stable. There are special signals in terms of overconfidence: this is high for the DAX and diametrically low for the CSI 300. There are more striking changes in the bond bias and in precious metals: The signs of tiredness in the bias of gold and silver should be taken seriously, as long positioning continues to grow. In the case of US bonds, on the other hand, the rise in institutional bias is convincing.

Further results

  • Equities: China with anti-cyclical buy signals
  • Bonds: Convincing institutional judgement
  • Precious metals: signs of fatigue are progressing

Click here for the full report

We use cookies and third-party services that store information in the end device of a site visitor or retrieve it there. We then process the information further. This all helps us to provide you with our basic services (user account), to save the language selection, to optimally design our website and to continuously improve it. We need your consent for the storage, retrieval and processing. You can revoke your consent at any time by deleting the cookies from this website in your browser. Your consent is thereby revoked. You can find further information in our privacy policy. To find out more about the cookies we use and how to delete them, see our privacy policy.

I accept cookies from this site.

EU Cookie Directive Module Information