sentix Survey results (32-2025)

Written by Patrick Hussy | 10 August 2025
Posted in sentix Weekly

Calming the mood in the hope of peace

After the bearish sentiment extreme in the previous week, there has been a countermovement in equities. This was favoured by hopes of peace in Ukraine. Whether an agreement can be reached is questionable. Sentiment therefore remains slightly negative. By contrast, the medium-term equity bias is stable. There is therefore much to suggest a quiet week for equities. Precious metals are also likely to be exciting: The bias has made an advance with a high for the year. This means that there is a need to catch up in terms of positioning behaviour.

Further results

• Equities: Investors give Switzerland a wide berth
• Precious metals: New annual highs in the bias of gold & silver
• sentix sector sentiment

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A deal that dampens the mood

Written by Manfred Hübner | 04 August 2025
Posted in sentix Economic News

Investors are not impressed by the EU's latest tariff deal with the US. With its August data, the sentix economic index is the first to assess this agreement and provide a global overview of sentiment. In addition to the EU, new results are also available for other countries, including Japan and Switzerland. The negative factors clearly out-weigh the positive ones for the global economy. The EU and Switzerland are being punished severely. The US and Donald Trump may feel like winners in the short term, but falling expectations here too indicate that this type of trade policy will mainly produce losers.

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sentix Survey results (31-2025)

Written by Patrick Hussy | 03 August 2025
Posted in sentix Weekly

Concerns about customs agreement for EU shares

What was already apparent for Japan and continued in the bias this week is now also becoming visible for Europe: the markets are taking a very differentiated view of the renegotiated customs deal between the US and the EU. This can be seen in the medium-term bias, which is tipping in favour of euro equities. Share sentiment also plummeted by a full 29 percentage points to -38 percentage points. A negative sentiment impulse is on the cards, especially as the seasonal pattern is currently turning negative. The situation is more constructive for US equities. Medium-term confidence is rising somewhat here.

Further results

• Equities: US equities with a better setup
• FX: Instis and private individuals at odds, new impetus needed
• sentix economic index: Monday 04th August 2025 at 10:30 CEST

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sentix Survey results (30-2025)

Written by Patrick Hussy | 27 July 2025
Posted in sentix Weekly

Equities: No euphoria, signs of fatigue in the bias

Basic confidence in the equity market is crumbling, while investors are trying to get through the hot summer months with neutral ratios (Instis) or overinvestments (private investors). In the meantime, the risks for US equities - especially for the Nasdaq - have increased significantly. The crude oil complex is also striking, with neutrality rising to its highest level since November 2019. Although investors are gaining confidence in the medium term, positioning is falling. The tension indicates a volatility impulse in black gold.

Further results

• Crude oil: Volatility in black gold indicated
• Japanese equities: Customs deal not a game changer
• sentix investor positioning in equities, bonds and others assets

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sentix Survey results (29-2025)

Written by Patrick Hussy | 20 July 2025
Posted in sentix Weekly

Unemotional

The stock market continues to work on calming sentiment. Prices seem to have fallen asleep over the summer. Despite this, a high level of overconfidence can still be observed on the UK stock market. Precious metals are currently experiencing strong emotions. Investors see catch-up potential in gold and silver mining stocks in particular.
The consolidation in EUR/USD could soon be over. EUR/JPY is attracting attention with an increased overconfidence risk.

Further results

• FX: Yen with high overconfidence
• Precious metals: Hot, but good
• sentix Styles - Investor preferences & behavior

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