sentix ASR Essentials 12-2017


Strong strategic bias themes evident in Equities, FX and Oil

Several strong themes have emerged from the sentix survey in terms of investors’ strategic bias. Investors appear to remain unconvinced about the medium-term outlook for global equities, with strategic bias readings declining for indices in Europe, the US and Japan. In the case of the Eurozone, this has resulted in participants’ strategic bias on bunds versus equities becoming much less negative in recent months. At the same time, survey participants have become more positive on the medium-term outlook for the euro versus the US dollar, likely helped by the Fed’s recent more ‘dovish’ rate hike than had been expected. However, expectations of a weaker dollar have done little to change investors’ medium-term bias on Crude Oil, with strategic bias readings now not far from their 2015 lows. Strong strategic bias themes are evident in survey readings on Equities, FX and Oil. See Charts 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