sentix Survey Essentials (English)

Investors still warming to Commodities

The latest sentix survey suggests that investors remain relatively positive on Equities from a medium-term, more strategic viewpoint, and are becoming less upbeat on Bonds (see Pages 3-4). That said, monthly questions looking at asset class sentiment point to a modest weakening in sentiment towards the Emerging Equity Markets. Indeed, this chimes with weakening reading on the Chinese market. However, it sits uneasily alongside increased optimism on Commodities as an asset class (Chart 2, page). A continued revival in Commodity sentiment would suggest that the recent softening in opinion on Emerging Equity Markets may prove shortlived.