sentix ASR Essentials 15-2016
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17 April 2016
Posted in
sentix Weekly
Positive bias on EM Equities chimes with Commodity confidence
Investors continue to become more upbeat on Chinese equities from a mediumterm strategic perspective, likely helped by more encouraging signs on the economy from recent data. However, this also chimes with a wider revival in sentiment towards Emerging Equity Markets as an asset class, as well as investors more upbeat view on the outlook for Commodities. A sustained improvement in commodity sentiment would be a positive development for sentiment towards EM Equities, given that sentiment on both asset classes remains closely linked. On this front, however, disappointment on a hoped-for oil production freeze may challenge optimism on Crude, which was modest at best even ahead of the long-awaited meeting of producers in Doha at the weekend (Charts 2-4, page 2).
