Bitcoins: Institutionals get doubts

Written by Manfred Hübner | 22 May 2017
Posted in Special research

Since 2013, sentix has regularly measured the expectations of investors towards bitcoins. sentix is thus the only supplier of investor expectations worldwide to this new speculative instrument. The data show that since 2014, the interest of the market in bitcoins has increased systematically. But on the current edge there is a change in expectations, which could lead to a price correction in the "crypto currency".

sentix ASR Essentials 20-2017

Written by Manfred Hübner | 21 May 2017
Posted in sentix Weekly

Commodities and Euro in the sentiment spotlight

The latest sentix survey throws up a couple of notable developments. A month ago we noted that there was a risk that continued caution on commodities would prove a drag on emerging market (EM) equity sentiment. In the event, investor sentiment towards EM has begun to follow survey readings on commodities lower in the latest survey, though it is also notable that investors are becoming less negative on Crude oil from a medium-term strategic perspective. Any signs of a wider firming in sentiment towards commodities would likely lend support to EM equity sentiment. In FX, optimism on EUR/USD has reached its highest level for over a year, with readings based on the near-term outlook for the euro versus the US dollar now running at the high-end of their historic range. A lot of positive near-term sentiment is baked into EUR/USD at current levels. See Charts 2-4, p2.

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sentix Investmentmeinung 19-2017

Written by Manfred Hübner | 15 May 2017
Posted in sentix Weekly

There are no translations available.

Warten auf den nächsten Impuls

Im sentix-Datenkranz hat sich in der abgelaufenen Woche nichts Grundlegendes geändert. Nach der Wahl in Frankreich sucht der Markt Orientierung. Die technische stark überkaufte Aktienmarkt-Lage steht steigenden Aktienkursen im Weg. Und bei EUR-USD signalisiert der hohe Neutrality-Wert, dass eine gewisse kurzfristige Trenderschöpfung eintreten sollte.

Geänderte Einschätzungen: keine

Klicken Sie hier für die aktuelle Investmentmeinung (sentix Registrierung erforderlich)

Trump in the downwind

Written by Manfred Hübner | 15 May 2017
Posted in Special research

According to the French parliamentary elections, which gave the desired result from the investors' point of view, investors now see a neutral impact of political questions on the financial markets. Brexit, geopolitics and the US president, however, are stress factors. The latter must fight with a noticeable loss of his nimbus.

sentix ASR Essentials 19-2017

Written by Manfred Hübner | 14 May 2017
Posted in sentix Weekly

Telecoms sentiment upswing in the face of falling relative

Monthly survey questions on investors’ views on the medium-term outlook for European sectors reveal a less positive view on Energy and Basic Resources versus the market, which chimes with participants’ still negative medium-term strategic bias on Oil. At the same time, sentiment also weakened over the month in the case of defensive sectors such Healthcare, Food & Beverages and Utilities. However, on the more-defensive sector front an interesting divergence has also recently emerged in the case of Telecoms. Survey findings are consistent with a gradual improvement in sentiment towards Telecoms versus the market, even as the sector relative has hit ten year lows. See page 2 for charts.