sentix ASR Essentials 27-2016

Written by Manfred Hübner | 10 July 2016
Posted in sentix Weekly

The quest for strategic orientation

Investors’ sentiment for equities remains neutral. The post-Brexit assessment process is still ongoing. However, investors perceive that European equities are disadvantaged over Chinese and especially US equities. Moreover, for German Bunds a sentiment divergence emerges. From a FX perspective, the strength of the Japanese Yen could subside in the coming weeks.

Click here for the full report

sentix Investmentmeinung 26-2016

Written by Manfred Hübner | 04 July 2016
Posted in sentix Weekly

Die Differenzierung beginnt

In der letzten Woche haben wir die „Brexit“-Entscheidung ausführlich betrachtet. Das Ergebnis lautete: die kurzfristig zu beobachtende Überreaktion sollte sich verringern, während auf der strategischen Ebene eine zunehmende Differenzierung einsetzen dürfte. Sowohl im strategischen Bias wie auch im Konjunkturindex ist dies nun erkennbar. Während der Vertrauensverlust in die Eurozone naheliegend ist, überrascht das Votum zu den USA.

Geänderte Einschätzungen: USD-JPY, Aktien Deutschland, Aktien Euroland

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

sentix ASR Essentials 26-2016

Written by Manfred Hübner | 03 July 2016
Posted in sentix Weekly

The strategic Bias for the EUR-USD FX continues to fall

The negative short-term overreaction continues to subside after the Brexit vote. The sentiment has swung back to neutral. The Strategic Bias for Germany and the Euro-zone continue to tip over – however, for the US, the Bias remains stable. The EUR-USD suffers at the strategic level, as Gold might form a tactical top. Investors focus on crude oil’s seasonal peak.

Click here for the full report

sentix Investmentmeinung 25-2016

Written by Manfred Hübner | 28 June 2016
Posted in sentix Weekly

Der Brexit wird zur Euro-Belastungsprobe

Als Ersatz für die wöchentliche Investmentmeinung stellen wir die aktuelle sentix Euro Break-up Analyse bereit. Weitere Infos unter http://ebr.sentix.de 

Für das Einschätzungsportfolio nehmen wir folgende Änderung vor:

Geänderte Einschätzungen: EUR-USD (negativ)

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

sentix ASR Essentials 25-2016

Written by Manfred Hübner | 26 June 2016
Posted in sentix Weekly

Gold shines as Brexit overshadows market sentiment

The latest sentix survey provides a timely view of investors’ views in the wake of the UK referendum vote to leave the EU. In terms of equities and bonds, pessimism and optimism has increased in equal measure, though survey readings are not yet extreme on either asset class. The most market move for the likes of DAX, EuroSTOXX and Bunds has been a sharp decline in investor neutrality on the nearterm, though uncertainties persist on the strategic outlook for equities and bonds. In the near-term, sentiment has moved more notably in FX and commodities, with sentiment readings for EUR/USD hitting their lowest levels of the year in the latest survey and Gold readings reaching the high end of their historic range. Investor sentiment has become poles apart on EUR/USD and Gold See Charts 2-4, p3.

Click here for the full report