sentix-ASR Essentials 50-2017

Print

Historically high neutrality points to risk of rise in equity volatility

The latest sentix survey revealed that the recent turnaround in sentiment towards eurozone bonds versus equities is continuing as the festive period draws near, while at the same time investors’ medium-term strategic bias on the EuroSTOXX continues to weaken. In terms of near-term equity sentiment, survey readings are running at modestly positive levels. However, beneath the surface, investors’ neutrality on the near-term outlook for the EuroSTOXX index has reached historic highs. This chimes with historically low levels of implied market volatility, as measured by the VSTOXX Index. It suggests potential for a pick-up in equity volatility as markets move into next year. See charts 2-4, p2.

Click here for the full report

We use cookies and third-party services that store information in the end device of a site visitor or retrieve it there. We then process the information further. This all helps us to provide you with our basic services (user account), to save the language selection, to optimally design our website and to continuously improve it. We need your consent for the storage, retrieval and processing. You can revoke your consent at any time by deleting the cookies from this website in your browser. Your consent is thereby revoked. You can find further information in our privacy policy. To find out more about the cookies we use and how to delete them, see our privacy policy.

I accept cookies from this site.

EU Cookie Directive Module Information