sentix ASR Essentials 17-2017
|
30 April 2017
Posted in
sentix Weekly
Gold losing its lustre for investors
The latest sentix survey indicates that investors’ more positive medium-term strategic bias on bunds and EUR/USD remains intact, as is the less negative bias on equities that has emerged in recent weeks. In contrast, investor sentiment on Gold has fallen back to relatively neutral levels, while readings based on investors’ medium-term strategic bias are showing signs of rolling over. It appears that Gold may be losing its lustre for investors. This chimes with last week’s survey review, in which we noted that optimism on commodities as a grouping was weakening. See Charts 2-4 on page 2.
