sentix Survey results (44-2022)

Written by Patrick Hussy | 06 November 2022
Posted in sentix Weekly

Mixed picture - especially internationally

Europe's stock markets have recently been able to make up ground, while the U.S. stock markets look battered. In both cases, lethargy remains a conspicuous element in the equity bias. Currency developments are likely to be to blame for the difference in market reaction. The U.S. dollar is losing favor with investors, especially against the Japanese yen. For the first time since Jan 2021, the bias has fallen below the zero line. There is movement at the currency level.

Further results

• Bonds: All-time low in overconfidence
• FX: Movement comes in
• sentix economix index: Monday, 07th Nov. 2022 at 10:30h CET

Click here for the full report (requires a sentix registration)

sentix Survey results (43-2022)

Written by Patrick Hussy | 30 October 2022
Posted in sentix Weekly

China exasperation

Sentiment on the stock market continues to recover, as it does for bonds. After a long time, fixed-interest securities are being given greater consideration in portfolios. At the same time, the equity bias remains weak, and fundamental confidence is languishing. Surprisingly, equity quotas are being built up despite these reservations. The China complex is conspicuous: there is a clear disenchantment with China equities. Precious metals stand out positively. The currency side could help.

Further results

• Bonds: A drumbeat on the bond market
• Precious metals: Better times ahead
• sentix investor positioning in equities and bonds

Click here for the full report (requires a sentix registration)

sentix Survey results (42-2022)

Written by Manfred Hübner | 23 October 2022
Posted in sentix Weekly

Seasonal factors support

A month ago we took a look at the seasonality of the US equity market after the September futures drop. So far, the US market has followed this pattern. A very friendly phase should lie ahead according to this analogy. The US election cycle is heading in the same direction. From the sentix data, the outlook is not so bullish. Things look better for the bond markets.

Further results

• Bonds: Marked buy signals
• FX: US dollar strength should come to an end
• sentix styles - Investor preferences & behavior

Click here for the full report (requires a sentix registration)

sentix Survey results (41-2022)

Written by Manfred Hübner | 16 October 2022
Posted in sentix Weekly

Sentiment rises, bias remains weak

After very poor investor sentiment and defensive portfolios at the end of September, equity markets have started to stabilise. Sentiment and portfolios are neutralising without prices rising significantly. Basic strategic confidence also remains weak. Therefore, no all-clear can be given for equities. There are interesting signals in USD-JPY and bonds.

Further results

• Bonds: Basic confidence continues to rise
• USD-JPY: USD risks increase strongly
• sentix sector sentiment

Click here for the full report (requires a sentix registration)

Catastrophic conditions

Written by Manfred Hübner | 10 October 2022
Posted in sentix Economic News

At the beginning of October, the sentix economic indices signal an unchanged difficult economic situation - in Europe, but also globally. At -38.3 points, the overall Eurozone index sinks to its lowest level since May 2020. The ongoing uncertainties about the gas and energy situation in winter have not diminished due to the attack on the Nordstream pipelines. In addition to the economic worries, there is now also an increasing probability of an esca-lation of the military conflict in Ukraine. Globally, there is little reason for hope. Only China seems to be stabilis-ing somewhat at present.

Read more...