sentix ASR Essentials 44-2017
|
05 November 2017
Posted in
sentix Weekly
Nikkei optimism boosted by Yen pessimism
The latest sentix survey indicates that investors have become modestly less optimistic on the near-term outlook for equities (albeit survey readings remain elevated), while their medium-term strategic bias on equities continues to weaken. In the case of Japanese equities, rising sentiment in recent weeks has chimed with growing optimism on USD/JPY. This week’s reversal in USD/JPY sentiment from high optimism levels is, therefore, consistent with receding optimism on the Nikkei. It suggests that a continued lessening in Yen pessimism could undermine still high optimism levels on the Nikkei 225. See Page 2 for charts.
