sentix ASR Essentials 03-2018

Print

Commodity optimism heading towards high-water mark

At an asset level, the latest sentix survey revealed that investors are becoming less positive on the medium-term outlook for both eurozone equities and bonds. In contrast, a rising tide of optimism has lifted sentiment readings on commodities to relatively elevated levels, while medium-term strategic bias readings on Gold are also nearing 2016 highs. A lot of positive sentiment is baked into commodities as a grouping, which may leave them at risk should dollar strength re-emerge or macro data challenge the strong global growth narrative. History suggests any reversal in commodities might also undermine sentiment towards emerging equity markets, which also remains elevated. See charts 2-4, p2.

Click here for the full report

 

We use cookies to personalize our content, to auto-login to our website and to improve your experience when using it. Cookies used for the essential operation of the site (authorization, language setting or user-security) have already been set. 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