sentix ASR Essentials 42-2016
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23 October 2016
Posted in
sentix Weekly
EM optimism chimes with constructive views on Commodities
The latest sentix survey points to an increasingly negative strategic bias on Eurozone bonds among those investors surveyed, set against a notably positive medium-term bias on equities, whether developed or emerging market. On the latter front, continued optimism on emerging market equities as an asset class chimes with a revival in sentiment towards commodities, underlining once again that sentiment on both asset classes remains closely linked. In the case of commodities, sentiment is not being undermined by investors’ optimism on the near-term outlook for the US dollar versus Yen and the euro (Charts 2-4, p2).
