Relief in times of trouble

Written by Julien Mueller | 29 March 2016
Posted in sentix Euro Break-up Index News

The sentix Euro Break-up Index (EBI) has surprisingly fallen to 16.7 points in March. This reflects the first reduction in Eurozone skepticism since six months ago. Risk reduction has been propelled by a more bullish view on Greece’s perceived current situation.

sentix ASR Essentials 12-2016

Written by Manfred Hübner | 27 March 2016
Posted in sentix Weekly

A less negative strategic bias on Asian equities

The latest sentix survey indicates that investors are less downbeat on Eurozone equities than they were in late-January/early-February, albeit survey participants continue to run with below average levels of over-investment in European equities. Investors’ views on Asian markets have also become less negative in recent weeks. Survey readings on Chinese equities have swung sharply back from their January lows, in a move that chimes with a less pessimistic view on commodities. In a more recent development survey respondents have also become a little less downbeat on Japan from a medium-term strategic perspective, though Nikkei readings remain low in a historic context. It appears that investors are becoming less negative on the medium-term outlook for Asian equities (see Charts 2-4, P2).

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sentix Investmentmeinung 11-2016

Written by Patrick Hussy | 21 March 2016
Posted in sentix Weekly

There are no translations available.

Unspektakuläre Iden des März?

Wenn es nach den Anlegern geht, sollten die europäischen Aktienmärkte in der nächsten Zeit vor sich hindümpeln. Es ist kaum Bewegung im Sentiment und auch im Strategischen Bias tut sich fast nichts. Dass keine Frühlingsgefühle aufkommen lässt sich insbesondere auf die jüngsten Statements der Notenbanken zurückführen, die keine neuen Impulse setzen konnten. Die Lethargie ist dennoch erstaunlich, sind doch die Iden des März traditionell berüchtigt für markante Wendepunkte und Zäsuren an den Kapitalmärkten.

Geänderte Einschätzung: keine

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

Growing confidence in China

Written by Julien Mueller | 21 March 2016
Posted in Special research

Investors reassess their bearish position on the Chinese equity market. The medium-term expectations have been on the rise since the beginning of 2016. The sentix indicator hints to rising markets ahead.

sentix ASR Essentials 11-2016

Written by Patrick Hussy | 20 March 2016
Posted in sentix Weekly

Warming to Commodities and EM Equities; but cautious on Crude

Investors have become less downbeat on Chinese equities from a medium-term strategic perspective in recent weeks, albeit survey readings remain well down on twelve month highs. This chimes with a wider revival in sentiment towards Emerging Equity Markets as an asset class, as well as a more upbeat view among survey participants on the outlook for Commodities. A sustained improvement in commodity sentiment would be good news for EM Equities, given that sentiment on both asset classes remains closely linked. On this front, however, the survey also indicates investors have become less positive on Crude Oil from a medium-term strategic perspective, as WTI nears the $40bp resistance area (Charts 2-4, page 2).