sentix Survey results (36-2023)

Written by Patrick Hussy | 10 September 2023
Posted in sentix Weekly

Bias and economy go their separate ways

Sentiment on the stock market has dipped again. But short-term concerns are not preventing investors from upgrading their medium-term outlook. The stock markets in Japan and the USA are particularly popular with professionals. In parallel, confidence in crude oil is also rising. This benefits the sector, whose sentiment is now the most bullish of all 19 STOXX 600 sectors.

Further results

• Equities: Japan in the fast lane
• Crude oil: It looks like oil prices will continue to rise
• sentix sector sentiment

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How much is missing before the crisis?

Written by Manfred Hübner | 04 September 2023
Posted in sentix Economic News

The signs for the global economy sent out by the "first mover" among the economic indicators - the sentix economic index - point to a further downturn and a strengthening of the economic downturn forces. The situation in Germany remains particularly precarious. Here we are measuring the weakest situation values since July 2020, when the economy was slowed by the first Corona lockdown. Germany is also weighing heavily on the economy in the euro zone as a whole. The recession is progressing. But even for the USA, which has so far held up well and defied the restrictive FED policy, the economic data are falling markedly. The tipping point of a global recession is less distant than one might think.

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sentix Survey results (35-2023)

Written by Patrick Hussy | 03 September 2023
Posted in sentix Weekly

Central bank policy loses its fright

Investors assume that the central banks will gradually take their foot off the brake. The main reason is the weak economy. This is making investors more bullish about equities in the medium term. In the short term, the fear factor is still in play - albeit now in a reduced form. Bond investors should also benefit from a less restrictive interest rate policy. Therefore, the bias development as well as the contrary overconfidence signals should be taken seriously.

Further results

• Equities: Fear in reduced form
• Bonds: UK bias soaring - overconfidence in US bonds
• sentix economic index: Monday, 04th Sept. 2023 at 10:30 CEST

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sentix Survey results (34-2023)

Written by Manfred Hübner | 27 August 2023
Posted in sentix Weekly

Negative sentiment supports

Sentiment for equities remains poor. Even though sentiment has improved somewhat, short-term skepticism dominates. This is particularly pronounced for China equities. This gives rise to short-term opportunities for a recovery. Bonds are suffering from the high attractiveness of short maturities. Memories of 2006-2008 are awakening. In gold and EUR-USD, there are interesting divergences between strategic bias and investor behavior.

Further results

• Bonds: Short maturities are irresistible
• Gold: Positioning helps
• sentix investor positioning in equities and bonds

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Data revision notification SNTL

Written by Manfred Hübner | 25 August 2023
Posted in Database news

Dear data client, due to a bug, a data point in the SNTL data sets for May 2010 was missing. We have reconstructed the data and added the missing data point to the data series.

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