sentix Survey Essentials (English)

File: sentix ASR Essentials 38-2014

File Size:
457 KB

Signs that sentiment gap between EMs and Commodities is narrowing

A notable feature of the sentix survey through the summer has been the resilience of sentiment towards Emerging Markets (EMs), at a time when pessimism has been the dominant theme in the case of Commodities. On this front, medium-term sentiment readings for Gold and Crude remain at deep pessimism levels, while nearterm pessimism on Crude is running at historic extremes. However, there are signs that sentiment on the equity front may be changing, with survey readings based on the strategic medium-term outlook for China 'bluechips' beginning to retreat from recent highs (Chart 2, page 2). It may be that the unusually large sentiment gap between EMs and Commodities is beginning to close.

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